Central bankers from Mexico, Mongolia, and the Czech Republic expressed public support for increasing their countries’ gold reserves on Monday. These comments were made during a panel at the annual London Bullion Market Association conference in Miami, revealing how these nations view gold amid a backdrop of growing geopolitical risks and lower interest rates.

Joaquín Tapia, director of international reserves at Banco de México, acknowledged that gold could take on a larger role in their reserves. He explained:

Given the context that we are facing right now — lower rates, geopolitical tension, U.S. election, a lot of uncertainty — maybe the share of gold in our portfolios could be increasing as well.

Enkhjin Atarbaatar of Mongolia’s central bank agreed with Tapia’s outlook, stating that he expects Mongolia’s reserves to keep growing, with gold playing a bigger role in the future. Atarbaatar, who serves as director general of the financial markets department at the Bank of Mongolia, said: “I also expect that the share of gold in our reserves will likely increase in the future.”

Marek Sestak, deputy executive director of the risk-management department at the Czech National Bank, shared a similar view. “I completely agree as well,” he opined.

These remarks come at a time when central bank gold purchases have contributed to a 25% surge in gold prices in 2024, as bullion outperformed both U.S. equities and bonds. Many central banks are boosting their gold holdings to hedge against global economic and political uncertainties, with gold offering a safe haven for their national wealth.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。