The global gold rally is gaining momentum as foreign central banks accelerate efforts to reduce their dependence on the United States dollar amid rising geopolitical and financial uncertainty. Third is the growing recognition among central banks that reserve diversification is now about sovereignty and resilience, rather than yield. The World Gold Council’s 2025 Central Bank Gold Reserves Survey reinforces this trend, showing that 95 per cent of reserve managers expect global central bank gold reserves to increase over the next 12 months. “For the first time since 1996, foreign central banks are having a greater share of gold in their reserves than United States Treasuries. “The gold trade started as a structural shift trade.

Source: Nigerian Tribune February 02, 2026 03:53 UTC