Central banks across the world are increasing their gold holdings as geopolitical tensions reshape reserve management strategies, with many also planning to reduce their exposure to the US dollar over the coming decade, according to a new survey by the Official Monetary and Financial Institutions Forum (OMFIF).

OMFIF survey finds more central banks plan to cut dollar holdings than increase them for the first time, with 74% expecting lower USD reserves in five

Central banks plan to increase their holdings of gold and are showing heightened interest in several other reserve currencies