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After moving slowly downward for the better part of four decades, central bank gold holdings have risen since the Global Financial Crisis. Which countries have been driving this trend reversal? What are the motifs of official gold reserve buyers? Relative return and/or safe haven considerations? Fear of sanctions? A group of top international experts presents empirical research findings on these questions and will discuss what might be in the pipeline with regards to the role of gold in official reserves.
Gold as International Reserves: A Barbarous Relic No More?
Barry Eichengreen, Professor of Economics and Political Science, University of California, Berkeley presentationCo-authors: Serkan Arslanalp and Chima Simpson-Bell, IMF
IMF working paper
