A survey by the World Gold Council of 69 central banks found that 90 % cited gold’s performance during crises as the primary reason for holding and increasing their gold reserves, the highest level recorded to date. The view is stronger among emerging and developing economies, where 92 % attribute gold’s crisis resilience to their main motive, compared with 81 % in advanced economies.
Additionally, 84 % of central banks see gold as a tool for preserving long‑term asset value and hedging against inflation, while 83 % consider it effective for diversifying foreign‑exchange reserves.
On geopolitical risk, 85 % of emerging‑market central banks view gold as a safe haven, versus 56 % in advanced economies. Gold remains a key pillar of global central‑bank reserves and financial stability.