Central banks expect more gold purchases, and less than US dollar reserves in the coming years

Central banks around the world pick up gold (GC = f) At a standard pace while predicting the withdrawal of US dollar reserves in the coming years.

According to For a poll from the World Gold Council95 % of the respondents in the central bank expect the global gold reserves to rise over the next 12 months. A 43 % record said they are planning to increase their property during that time.

Meanwhile, 73 % of central banks expect a moderate or significant decrease in US dollar’s possession within global reserves during the next five years. The respondents expect that the share of other currencies, such as the euro and Renminbe, will increase during the same five -year period.

Decrease in the US dollar index (DX-Y.NYBFrom 9 % a year to date it has been raised Fears about its dominance Amid geopolitical tensions and a commercial war. Fatigue America’s financial path The demand for assets such as currencies in Europe and Asia also pushed the forecasts of foreign motivation and more attractive assessments abroad.

Gold prices It has repeatedly hit its levels this year, It is fed up with the purchases of the central bank, flows to circulating boxes, and expectations that the Federal Reserve will reduce interest rates.

The purchase of gold has been steadily hurriedly, adding more than 1,000 tons to its reserves annually over the past three years – more than twice an average of 400 to 500 tons in the previous decade.

While many Wall Street analysts She remains optimistic about gold With the end of the year, City said that she expects to request the “Kikla” gold to “put” Trump before the 2026 elections.

Analysts wrote on Monday: “We believe a firm belief that President Trump is interested in our popularity, gross domestic product, geopolitical success, and thus Trump’s position,” analysts wrote on Monday.

Analysts said: “Our work indicates that gold dates back to about $ 2,500 to 2700 dollars an ounce by the second half of 2026.”

A year until now, gold rose about 27 %.

Anas Ferry is a great business correspondent in Yahoo Financing. Follow it on X in Ins_Ferre.

Click here for an in -depth analysis of the latest stock news and events that move stock prices

Read the latest financial and commercial news from Yahoo Financing