Morning Bites (part 1)

🟡 A record 45% of global central banks plan to increase their gold holdings over the next 12 months, a new World Gold Council and YouGov survey shows. This is the highest reading since the survey began in 2018. Meanwhile only 1% of respondents (1 out of 74) indicated plans to reduce their gold reserves

The majority of respondents (74%) also see moderate or significantly lower US dollar holdings within global reserves over the next five years, underpinning the global de-dollarisation trend

Overall, the 2026 survey’s results support our view that gold prices are likely to remain above their fundamentally reasonable level in the near future, given solid central bank demand trend and persisting geopolitical instability

#gold