Shaokai Fan, Head of Global Central Banks at the World Gold Council, noted this week that central banks are steadily increasing their gold reserves. From Southeast Asia to Latin America, countries like Indonesia, Malaysia, and Guatemala are either returning to the market or stepping in for the first time.The reasoning isn’t new — but it’s becoming more relevant again: hedging geopolitical uncertainty, diversifying away from the U.S. dollar, and reinforcing long-term financial stability.$XAU/USD(XAUUSD.FOREX)$ attempts recovery above $4,400 early Friday after testing the $4,350 support area on Wednesday.At the same time, gold itself has been anything but stable in the short term.Recent price action shows clear fluctuations. While previous d
In a Moving Market, What Does “Holding Gold” Mean to You?
Gold itself has been anything but stable in the short term. How are you positioning gold? Are you adding exposure on dips, or waiting for clearer confirmation? Do you see gold as protection, or just another trade?
+ Follow
+0