Nations continue their gold-buying streak in September 2026: Why build bullion reserves?
DAR ES SALAAM, Sept. 29 -- TRADITIONALLY, governments paid less attention to gold in their international reserve strategies, focusing, instead, on accumulating foreign currencies such as the US dollar and heavily investing in government bonds.
Recently, this trend has reversed as central banks globally are increasing their gold reserves, reflecting a shift in how they view what makes a national reserve secure and robust.
This is not merely a story about increasing gold prices; it also highlights themes of economic independence, diversification and safeguarding against an unstable global financial system.
The scale of this shift is considerable. According to the World Gold Council, central banks have added around 1,000 tonnes of gold ea...
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