Story perspectives
Central Banks Fuel Gold Surge Amid Economic Uncertainty
6/5/2025
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Story summary
- Central banks are fueling a gold bull market, buying approximately 80 tons monthly, worth $8.5 billion.
- China is a major buyer, with speculation of higher acquisitions than reported.
- A HSBC survey reveals over one-third of central banks intend to increase gold purchases by 2025.
- Concerns about the US dollar and geopolitical risks are driving the shift towards gold.
- The OECD predicts a slowdown in global growth, influencing investment strategies.
