Central banks eye gold amid global uncertainty
Inflation and uncertainty may be leading reserve managers to view gold more favourably
Gold’s reputation as an inflation hedge and a reliable asset in uncertain times appear to be nudging central bank reserve managers into a more positive attitude towards the precious metal in 2017.
Central Banking’s latest Reserve Management Trends survey highlights moderately increased interest in gold among reserve managers. Out of 80 respondents in total, 27 say gold appears more attractive as an asset class than 12 months earlier, while 19 say it looks less attractive.
As such, 2017 may
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