Central banks around the world are quietly stockpiling four times more gold than usual and are moving it out of the U.S. - Fortune

Central banks around the world are quietly stockpiling four times more gold than usual and are moving it out of the U.S. - Fortune

Source: Fortune

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DW NOTE

Central banks bought 290 tonnes of gold in Q2 2026 — four times the five-year average — and shifted storage away from New York and London. They're watching the Strait stay closed, the dollar at 57% of reserves despite BRICS noise, and yields at 5.12% while the deficit runs $1.8 trillion. Gold fell 22% from its January high anyway, which tells you what central banks think about central banks.

Read the full story at Fortune →