Central Bank Gold Buying Surges 62% Signals De-Dollarization
Global central banks bought a record 289 tonnes of gold in Q2 2026, up 62% year-over-year, signaling a structural shift away from dollar reserves.
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Global central banks bought a record 289 tonnes of gold in Q2 2026, up 62% year-over-year, signaling a structural shift away from dollar reserves.
A bipartisan Senate bill would expand sanctions against Russia and impose tariffs on oil buyers, but experts warn it could accelerate de-dollarization.
China's central bank added 480,000 ounces of gold in June, extending its buying streak to 20 months as reserves hit 75.4 million ounces.
Panda bond issuance surges to 153 billion yuan in 2026 as foreign borrowers lock in cheaper financing, signaling growing global confidence in the yuan.
ECB reports gold has overtaken US Treasuries as the largest global official reserve asset, marking a historic shift in central bank reserves.
The SCO accelerates plans for a development bank to rival the IMF and World Bank, signaling a push to reshape global financial architecture.