2021 central bank gold reserves survey

World Gold Council/Staff

Repost from 6-8-2021

“Central banks continue to be positive on gold, with roughly the same number of central banks expected to buy gold compared to last year. Gold’s performance during periods of crisis has risen to become the top reason for central banks to hold gold.”

USAGOLD note: I can remember a time – way back when – when nearly every mainstream media report on gold, particularly when the price was declining, included the reference “due to the threat of central bank gold sales.” According to this survey from the World Gold Council, 21% of the world’s central banks intend to add gold to their reserves this year and 68% intend hold on to what they’ve got.

graphic from World Gold Council illustrating central bank intentions with respect for gold in 2021

Graphic courtesy of World Gold Council • • • Click to enlarge

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