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The Economic Times

Economy / The Economic Times

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Goldman says central banks want more gold for their reserves

In a bid to bolster reserves, central banks are poised to increase their gold purchases, potentially reviving gold prices as we approach the year's conclusion. Goldman Sachs forecasts a marked rise in these acquisitions, driven by geopolitical uncertainties that are pushing central banks to rethink their asset portfolios.

18 May 2026 1:24 pm