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The Nexus
WORLDAug 10 · 10:00 UTCFOX NEWS POLITICS

A quiet rush for gold is sweeping the globe — here's why countries are stockpiling it

Due to increasing global uncertainty from wars, trade tensions, and high inflation, central banks worldwide are accumulating gold reserves as a safe-haven asset. A World Gold Council survey found that 89% of these institutions expect global reserves to grow, leading many countries to diversify away from reliance on single foreign currencies. This purchasing trend is driven by the desire for protection against economic turmoil and geopolitical instability.

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