Central banks plan to boost gold reserves and trim dollar holdings
Geopolitical risks and worries about status of the greenback likely to drive further demand for bullion, survey shows
Related reading
Demand for gold remains buoyant despite record high prices, says WGC
Industry body says geopolitical instability and weakening confidence in the dollar will continue to support demand
Gold bubble should prompt central banks to sell the metal
The world is a thoughtless prisoner of history when it treats bullion as a desirable store of value
Central banks rein in gold purchases as investment demand soars
Official purchases fall 20% amid historic rally and are expected to decline further this year, says World Gold Council
Gold price vaults past $3,500 to new record
Weak dollar and expectations of US interest rate cut boost precious metal
Gold hits $3,600 as US rate cut expectations rise
Bullion extends blistering rally as stagflation fears linger
Banks and traders race to capitalise on gold’s historic rally
Surge in bullion prices turns precious metals trading and vaulting into one of finance’s most profitable businesses