World Gold Council: More Central Banks Set to Increase Gold Holdings Driven by Geopolitical Risks

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The World Gold Council’s Chief Central Bank Officer Shaokai Fan stated on Tuesday that gold is expected to play a role as a hedge against de-dollarization and geopolitical risks, which will likely prompt central banks that have previously been absent from the market to buy this precious metal this year. He said that in recent months, central banks from countries such as Guatemala, Indonesia, and Malaysia have started purchasing gold, either returning to the market after a long hiatus or making their first gold purchases. “In the past few months, some new central banks, or those that have been inactive or absent from the gold market for a long time, are entering the gold market. I believe this trend could continue into 2026.” (Cailian Press)

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