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Business Insider: Countries are so Spooked by De-dollarization and the Western Sanctions Against Russia, They Are Increasingly Moving Gold Assets Back

July 10, 2023
Buy Gold, Dollar crash

Article by Huileng Tan in Business Insider

Central banks and sovereign wealth funds are increasingly calling their gold assets back home amid concerns that their assets abroad could be frozen — in a situation similar to Russia after it invaded Ukraine — according to a survey of central banks published on Sunday.

About 41% of survey respondents expect to increase gold allocation in their portfolios over the next three years, according to asset manager Invesco, who ......

To read this article in Business Insider in its entirety, click here.

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