Archive · 8 Sep 2025
Gold Surges as Central Banks Ditch Dollar, Buy Bullion
Gold is becoming very popular, especially with central banks.
They are buying gold instead of using the US dollar, which has made the price of gold go up a lot.
Experts think this is because people don't trust traditional money as much anymore.
Many believe that gold prices will go up even more because of this trend.
Some banks predict gold prices will increase further, while geopolitical events may also affect gold prices.
Gold has surpassed US Treasuries in central bank reserves for the first time in 30 years.
Gold now makes up 20% of central banks' foreign exchange reserves.
The US dollar share of global reserves is shrinking.
Central banks have doubled their gold purchases since 2022.
Gold prices have reached a record high of $3,592 per ounce.
- Who
- Central banks and investors
- What
- Gold prices surge due to increased buying and de-dollarization
- When
- Currently, with future projections
- Where
- Global markets
- Why
- Loss of confidence in fiat currencies and geopolitical tensions
- Gold's Share of Central Bank Reserves
- 20%
- Euro's Share of Central Bank Reserves
- 16%
- US Dollar's Share of Global Reserves
- 46%
- Gold Price High
- $3,592 per ounce
- Gold Price Increase This Year
- 36%
- ICICI Bank Gold Target
- ₹1,25,000 for mid-2026
Sources
Gold’s Conquest: How the Emperor of Assets Dethroned the US Treasury
Gold Jumps Over ₹6,000 In 30 days, Silver Soars ₹10,000 Amid Global Uncertainties
Gold Continues To Surge To Fresh Highs In August, India Outpaces Peers
Gold may see profit-taking as investors await inflation data, ECB meeting: Analysts
Ticker by Vijay L. Bhambwani: Bullish efforts are falling short
Gold jumps by Rs 4,000 this week, silver crosses Rs 1.23 lakh per kg
Gold vs dollar: Why the world’s richest are rushing to buy before the next big spike
