Central Banks Turn To Gold
Government
A growing number of central banks are accumulating gold reserves amid geopolitical upheaval that has led them to question their reliance on the US dollar. The erratic policymaking of President Donald Trump’s administration, especially regarding the ongoing threat of tariffs, has elevated gold’s traditional status as a neutral safe haven. Since the ultimatum of tariffs for European countries that resisted Trump’s proposed annexation of Greenland, the price of an ounce of gold surged to $4,960 on
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