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✉news BusinessBanking first seen 9 h ago, last 46 min ago, peak #1

Gold keeps reserve role despite high bond yields, central banks say

Original: Gold retains key reserve status despite surging bond yields, central bankers say

Central bankers say gold is retaining its status as a key reserve asset even as bond yields surge, challenging the traditional trade-off between the two assets. The finding suggests central banks continue to hold and accumulate gold as a store of value and hedge, partly reflecting diversification away from other reserve currencies, even when higher-yielding government bonds offer a more attractive return.

Why now: Surging bond yields and ongoing central bank gold buying have put reserve-asset strategy in the spotlight.

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