Gold in Central Bank Reserves: Strategic Considerations, Market Risks, and Practical Guidance; IMF Note No. 26/07 - IMF eLibrary
Gold in Central Bank Reserves: Strategic Considerations, Market Risks, and Practical Guidance; IMF Note No. 26/07 - IMF eLibrary
Source: IMF eLibrary
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DW NOTE
The IMF publishes guidance on central bank gold holdings while gold trades 24% below its January peak. A year when oil supply routes are physically blocked, refineries are being bombed, and treasuries are pricing sustained tightness is apparently not a year that supports $5,300 gold. Central banks may want to read that section on market risks twice.