Observatoire des droits humains (anglais seulement)

Central bank gold holdings are at a 50-year high. What’s behind the jump in reserves?

(Version anglaise seulement)

par Luke Hartigan, Senior Lecturer in Economics, University of Sydney

Over the past few years, central banks have been quietly buying up significant quantities of gold.

As the trend has accelerated, official agencies now hold the highest quantity of gold since 1975 – more than 36,000 tonnes of the precious metal.

Central bank buying of gold picked up after Russia’s invasion of Ukraine in 2022. The World Gold Council says central banks have…

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