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Home Market Research Business

Global central banks cut US T-bill exposure, increase gold reserves

by TheAdviserMagazine
8 months ago
in Business
Reading Time: 1 min read
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Global central banks cut US T-bill exposure, increase gold reserves
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Global central banks are reducing US Treasury holdings and increasing gold reserves. India’s gold reserves surpassed $100 billion. Gold prices experienced a significant drop, which is expected to boost demand from investors and central banks. This shift indicates a diversification strategy amid political uncertainty. The trend shows a move away from dollar assets towards gold.



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Tags: bankscentralcutExposureGlobalGoldincreaseReservesTbill
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