Central Banks

Gold Shines as Ultimate Safe-Haven Asset, Set to Hit $3,000/oz by 2025 – Bank of America

News Articles / /

The yellow metal, which has become increasingly attractive as other traditional “safe haven” assets face mounting risks.  According to strategists at Bank of America, investors – which includes central banks – should rotate into gold as a form of wealth protection against stubborn inflation and debt debasement caused by endless fiat printing and government borrowing.  […]

Gold Shines as Ultimate Safe-Haven Asset, Set to Hit $3,000/oz by 2025 – Bank of America Read More »

Central Bank Gold Purchases Doubled in July, Demand Will Continue Through 2024 – WGC’s Gopaul

News Articles / /

Even as gold prices set new all-time highs, net purchases by central banks more than doubled to 37 tonnes in July, and demand is expected to remain strong over the coming months, according to Krishan Gopaul, Senior Analyst, EMEA at the World Gold Council (WGC). “In total, seven central banks added gold (of a tonne

Central Bank Gold Purchases Doubled in July, Demand Will Continue Through 2024 – WGC’s Gopaul Read More »

Growing Perils of the Digital Economy: The Rise of the Digital Dollar

News Articles / /

Central bank digital currencies (CBDCs), often referred to as digital dollars, are rapidly gaining traction on a global scale. Over 100 nations are in various stages of developing their own versions. While advocates argue that these currencies could revolutionize financial efficiency and broaden access, there are significant concerns among freedom advocates that they could also

Growing Perils of the Digital Economy: The Rise of the Digital Dollar Read More »

Mounting Instability in Banking Systems at Home and Abroad

News Articles / /

Economists are sounding alarms after several major banks failed the Federal Reserve’s latest stress tests. Notable institutions such as Citigroup, Bank of America, Goldman Sachs, and JPMorgan Chase fell short in meeting their liquidity requirements. While each bank had unique challenges, the overall results are concerning and raise questions about their ability to withstand financial

Mounting Instability in Banking Systems at Home and Abroad Read More »

Citi: $2,700 – $3,000 by 2025 – Gold Investment Demand to Rise

News Articles / /

Citi analysts have introduced a framework for understanding and forecasting gold prices. Central to Citi’s framework is the idea that investment demand, from both private and public sectors, as a share of gold mine supply, is the primary driver of gold pricing. Citi forecasts that gold investment demand will continue to rise, potentially absorbing almost

Citi: $2,700 – $3,000 by 2025 – Gold Investment Demand to Rise Read More »

The Gold Market is Well-Positioned for the Second Half of 2024 – World Gold Council

News Articles / /

“There’s a clear path for gold to outperform from here, likely fueled by Western flows.” Year-to-date gold prices are up roughly 12%; the yellow metal is one of the best-performing assets in global financial markets, Artigas said. Artigas noted that gold has been able to withstand these traditional headwinds due to robust retail demand in

The Gold Market is Well-Positioned for the Second Half of 2024 – World Gold Council Read More »

Schroders, UBS Global Wealth Push Gold as Key Haven This Year

News Articles / /

Excessive government spending in the US and geopolitical uncertainty are underpinning calls from some investor heavyweights to buy gold as a hedge against sovereign debt risks. Gold offers better optionality than Treasuries: Schroders CIO Gold could rally to $2,700 per ounce next year: UBS GWM CIO (Bloomberg) — Excessive government spending in the US and

Schroders, UBS Global Wealth Push Gold as Key Haven This Year Read More »

Why Central Banks Are Increasing Their Gold Reserves: 29% Plan to Buy More in 2024 – World Gold Council Report

News Articles / /

As central banks look to diversify away from the U.S. dollar, the participants said that “interest rate levels,” “inflation concerns,” and “geopolitical instability” continue to be the leading factors in central bankers’ reserve management decisions, relatively in line with the responses last year. According to the survey, central banks are motivated to hold gold because

Why Central Banks Are Increasing Their Gold Reserves: 29% Plan to Buy More in 2024 – World Gold Council Report Read More »

How Will CBDCs Impact Gold Prices?

News Articles / /

China has launched its CBDC and continues to invest heavily in gold. There is palpable tension among Western central banks to keep up and assert their dominance. The introduction of central bank digital currencies (CBDCs) seems inevitable, with significant potential repercussions for the gold market. While touted for their convenience and efficiency, CBDCs also herald

How Will CBDCs Impact Gold Prices? Read More »

Scroll to Top