With the bond-equity diversification relationship having broken down during recent inflation shocks, gold is filling the portfolio role that fixed income can no longer reliably play for sovereign allocators. --- One-third of sovereign wealth funds and central banks plan to increase gold holdings as 61% flag US debt as a long-term threat to the dollar's reserve status, an Invesco survey found.
With the bond-equity diversification relationship having broken down during recent inflation shocks, gold is filling the portfolio role that fixed income can no longer reliably play for sovereign allocators.
--- One-third of sovereign wealth funds and central banks plan to increase gold holdings as 61% flag US debt as a long-term threat to the dollar's reserve status, an Invesco survey found.
The custodian review findings add a further dimension: institutions quietly unwinding reliance on US financial infrastructure are simultaneously building non-dollar reserve buffers, and gold's status as a...
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With the bond-equity diversification relationship having broken down during recent inflation shocks, gold is filling the portfolio role that fixed income can no longer reliably play for sovereign allocators. --- One-third of sovereign wealth funds and central banks plan to increase gold holdings as 61% flag US debt as a long-term threat to the dollar's reserve status, an Invesco survey found. The custodian review findings add a further dimension: institutions quietly unwinding reliance on US financial infrastructure are simultaneously building non-dollar reserve buffers, and gold's status as a neutral, sanction-proof asset sits directly in the path of that trend.
For bullion markets, the combination of structural sovereign demand, dollar reserve anxiety, and geopolitical fragmentation argues for a well-supported price floor even as near-term energy price relief reduces one source of inflationary pressure.
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