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Why Are Central Banks Increasing Their Gold Reserves?

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Jun 11, 2024 12:36 pm

I’ve noticed that many central banks around the world have been increasing their gold reserves in recent years. I’m curious about the motivations and implications behind these actions. What do you think are the main reasons central banks are buying more gold? What might be the long-term effects on the global economy if central banks continue to increase their gold reserves? Looking forward to hearing your thoughts and insights!