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Named the reasons for the purchase of gold by the central banks of the world

February 25, 2023

CASS | Vladimir SmirnovCentral banks around the world are bracing for major shifts in the macroeconomy and buying gold. Regulatory strategies have changed transmits Prime.The approach of the central banks of the main states began to change a long time ago. For example, the 2008 financial crisis affected gold more than the COVID-19 pandemic or the Ukrainian conflict.Experts believe that the purchase of gold by financial regulators will not cause a return to the gold standard. It has limited the flexibility of central banks as they seek to adjust monetary policy.

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