Journal to portfolio afterlife

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Central banks see gold as a reserve asset and will likely increase their holdings of the metal in the next twelve months, according to a survey by the World Gold Council.
That’s mainly due to increasing concerns about a possible global financial crisis, with central banks in emerging market and developing economies,
Anticipated changes in the international monetary system and concerns over rising economic risks in reserve currency economies are also major factors, the survey said. Add to that rising inflation, monetary tightening and Russia’s war in Ukraine further disrupting supply chains and bringing geopolitical uncertainties.
Emerging markets central banks are optimistic about gold’s future in the international monetary system, and they’re on the fence about the US dollar, said Fan. The survey also showed a majority of such respondents expect gold to grow in proportion to total reserves over the coming years, with its attributes as a safe-haven store of value and ability to perform during times of crisis remaining influential.
 

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