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The custodians of trillions of dollars of global central bank reserves are eyeing a move away from the greenback into gold, ...
Due to a combination of central bank gold buying and the surging price of gold, gold has overtaken the euro as the world’s ...
Geopolitics is at a boiling point, with the Israel-Iran conflict showing no signs of ending. A direct entry by the US into ...
In a note to clients last week, UBS says the dollar is now “unattractive,” with further declines expected as the U.S. economy ...
Gold has overtaken the euro as the second-largest global reserve asset, driven by record central bank buying amid ...
The custodians of trillions of dollars of global central bank reserves are eyeing a move away from the greenback into gold, ...
UBS Asset Management’s Castelli said he was receiving many more questions about the euro, estimating the euro could recover to a 25% share of reserves by the end of the 2020s.
In currencies, the euro and yuan stand to benefit the most from a diversification away from the dollar. A net 16% of central banks surveyed by OMFIF said they plan to increase euro holdings over ...
"After years of record-high central bank gold purchases, reserve managers are doubling down on the precious metal," OMFIF said. The dollar, the most popular currency in last year's survey, fell to ...
LONDON - The custodians of trillions of dollars of global central bank reserves are eyeing a move away from the greenback into gold, the euro and China's yuan as the splintering of world trade and ...