Loading...
Loading...
Browse all stories on DeepNewz
VisitWill gold reserves exceed 15% of central bank reserves by end of 2025?
Yes • 50%
No • 50%
Reports from the International Monetary Fund or World Gold Council
Gold Set for 27% Annual Gain, 14.7% of Total Reserves, Amid Central Bank Purchases
Dec 30, 2024, 07:00 AM
Gold is poised to achieve one of its largest annual gains this century, with a 27% increase attributed to US monetary easing, ongoing geopolitical risks, and significant purchases by central banks. The share of gold reserves as a percentage of total central bank reserves reached 14.7% in 2023, the highest level in over 20 years. Despite a strong US dollar rally in the fourth quarter, which saw a 6.6% increase, gold is still on track for an impressive annual gain of 26%. This performance stands out in a mixed year for metals markets.
View original story
No • 50%
Yes • 50%
More than 15% • 25%
10% to 15% • 25%
5% to 10% • 25%
Less than 5% • 25%
Other • 25%
Increase • 25%
Decrease • 25%
No Change • 25%
No • 50%
Yes • 50%
Increase by 50-100 tonnes • 25%
Increase by more than 100 tonnes • 25%
Increase by less than 50 tonnes • 25%
No increase • 25%
Top 10 • 25%
Below Top 20 • 25%
Top 20 • 25%
Top 5 • 25%
Currency instability • 25%
Inflation concerns • 25%
Diversification strategy • 25%
Geopolitical tensions • 25%
Yes • 50%
No • 50%
$2,100 to $2,200 • 25%
Above $2,200 • 25%
Below $2,000 • 25%
$2,000 to $2,100 • 25%
Central bank purchases • 25%
US monetary policy • 25%
Other • 25%
Geopolitical tensions • 25%