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The Nexus
WORLDJun 16 · 06:00 UTCSCMP WORLDJulie Zhang

Going for gold: central banks expand bullion holdings as US dollar’s world dominance falls

Central banks are expected to increase gold holdings as the US dollar's dominance in global reserves declines over five years, according to the World Gold Council. A survey indicates 90% of central banks anticipate continued growth in gold reserves, with 45% of respondents setting a record.

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