Article Image

IPFS News Link • Gold and Silver

Morning Note: Gold Replacing Dollar as World’s Reserve Currency?

• CNBC
Central banks are shedding dollars [DXC1  76.405    -0.08  (-0.1%)    ], reducing their holdings by about $9 billion in previous quarter, according to Nomura Securities’ Jens Nordvig, global head of G10 FX Strategy.

What are they buying instead? Gold 

ContentSafe