Când aurul se întoarce acasă. De ce se tem băncile centrale

Central banks are repatriating gold reserves amid rising geopolitical tensions, with countries like the Netherlands, France, and India leading the trend. The Netherlands moved 86 tons of gold to London for quicker access, while France withdrew 129 tons from New York. India has significantly reduced its gold held abroad, reflecting a desire for greater control. This shift is part of a broader strategy as central banks increase their gold holdings, with Poland and China among the largest buyers. The 2022 freezing of Russian reserves highlighted the risks of currency reserves, prompting a reevaluation of gold's role as a secure asset. Despite these changes, the dollar remains dominant, though central banks are diversifying their reserves.