87% of central bank reserve managers view geopolitical conflicts, particularly US-China tensions, as the main threat to the global economy, prompting 41% to diversify investments and increase gold exposure.
87% of central bank reserve managers, managing $15 trillion in assets, view geopolitical conflicts as the main threat to the global economy, despite an overall positive outlook. In response, 41% of these managers are diversifying their investments across different regions and currencies, largely due to escalating tensions between the US and China. This trend has boosted gold prices, with 24% of respondents increasing their gold exposure in the past year and 30% planning to do so in the upcoming year.
July 11, 2024
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