✉news BusinessBanking first seen 11 h ago, last 48 min ago, peak #2
Bundesbank Chief Nagel Backs Central-Bank Gold Diversification
Original: Nagel Sees Good Case for Central-Bank Diversification Into Gold
Joachim Nagel, president of Germany's Bundesbank, said there is a good case for central banks to diversify their reserves into gold. His remarks add to the broader debate over reserve assets as central banks worldwide have been increasing gold holdings, driven by concerns over reliance on the US dollar, geopolitical risk and the appeal of an asset free of counterparty risk.
Why now: Central banks have been buying gold at record levels amid dollar-diversification and geopolitical concerns, making senior policymakers' comments on the topic highly topical.
Rank over time, top of the chart is #1. 9 snapshots from 11 h ago to 48 min ago.
Evidence
- Nagel Sees Good Case for Central-Bank Diversification Into Gold · Bloomberg.com
- Nagel Sees Good Case for Central-Bank Diversification Into Gold · Bloomberg.com
API: https://socialmediatrends-api.osmike.com/v1/trends/1086216