Nomura’s Post

Central banks and emerging markets push gold sky-high, says World Gold Council https://zurl.co/srWc #GoldInvesting #SilverStacking #Gold #Silver #WealthPreservation #AlbertaGold #TorontoBullion #BullionInvestment #SafeHavenInvesting #AssetSecurity #StoreOfValueAssets

Central banks and emerging markets push gold sky-high, says World Gold Council https://zurl.co/srWc #GoldInvesting #SilverStacking #Gold #Silver #WealthPreservation #AlbertaGold #TorontoBullion #BullionInvestment #SafeHavenInvesting #AssetSecurity #StoreOfValueAssets

Central banks in advanced economies are increasingly turning to gold, anticipating its share of global reserves to rise at the expense of the US dollar. Despite record prices, the demand for gold is driven by its long-term value, crisis performance, and diversification benefits. Glint offers a reliable way to buy in gold, ensuring your wealth remains insulated from global financial shifts. #GoldInvestment #FinancialSecurity #GlobalEconomy https://on.ft.com/3VQEtvs

Advanced economies’ central banks are expecting gold’s share of global reserves to rise at the expense of the US dollar, as these institutions look to follow the lead of emerging markets in buying bullion. Almost 60% of rich countries’ central banks believe that gold’s share of global reserves will rise in the next five years, up from 38% of respondents last year. Read more here: https://on.ft.com/45B4uUk

Emerging market central bankers “have shown up their counterparts in the west”, according to the Financial Times, with many acting faster in cutting policy rates than developed market central banks. This has driven outperformance in emerging market bonds, which have been the best-performing fixed income investments so far this year – something that was reflected in our recent financial results. Read more here: https://lnkd.in/e3CQC25e #EmergingMarkets 

Advanced economies’ central banks are expecting gold’s share of global reserves to rise at the expense of the US dollar, as these institutions look to follow the lead of emerging markets in buying bullion. Almost 60% of rich countries’ central banks believe that gold’s share of global reserves will rise in the next five years, up from 38% of respondents last year. Read more here: https://on.ft.com/45B4uUk

Central banks from developed nations anticipate an increase in gold's proportion of worldwide reserves, potentially reducing the dominance of the US dollar. This shift mirrors strategies adopted by emerging markets, which have been actively acquiring gold. Notably, 60% of central banks in affluent countries now expect gold to take on a larger role over the next five years, a significant increase from 38% in the previous year. https://on.ft.com/45B4uUk

Advanced economies’ central banks expect #gold’s share of global reserves to rise at the expense of the US dollar, as these institutions look to follow the lead of emerging markets in buying bullion. Almost 60 per cent of rich countries’ central banks believe that gold’s share of global reserves will rise in the next five years, up from 38 per cent of respondents last year, according to an annual survey conducted by the World Gold Council. #gold #centralbanks Valores

The latest World Gold Council report on global central banks buttresses my ongoing advocacy since 2017 --,Global central banks will be better able to fight inflation, build resilience and enhance competition by implementing my Optimal Reserve Ratio (Gold Reserve / Foreign Reserve) regime, in tandem with orthodox monetary policies for sustainable inflation targeting. This action is necessary as the frequency and severity of global economic shocks will continue over the next decade. Further, climate change and the demand/transition for a greener future will continue to push upward pressure on inflation. As practical as possible, advanced countries and emerging markets economies should harmonize their ORR and interest rate policies for sustainable impact.

Central banks across major developed economies in September delivered no rate hikes for the first time since January 2022 while emerging markets extended their split between easing in Latin America and much of central Europe and tightening in Asia.