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Central Banks Increase Domestic Gold Holdings As Geopolitical Risks Drive Reserve Strategy Shift

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Bars of gold are piled up during a press conference at the German Federal Bank in Frankfurt am Main, western Germany, on January 16, 2013. Getty Images Central banks have been increasing the share of gold stored within their own borders rather than relying on traditional offshore vaulting hubs, reflecting a broader reassessment of reserve security and access resulting from heightened geopolitical tensions. The trend is highlighted in a recent industry survey showing that monetary authorities are continuing to treat gold as a core reserve asset while adjusting where it is physically held.

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