Central Banks Rethink Where They Keep Their Gold as De-Dollarization Advances

Nikkei Asia—A Nikkei Asia survey of central bank reserve managers found growing intent to increase gold holdings and to repatriate reserves stored in New York and London — a structural shift accelerated by sanctions precedents set after Russia's invasion of Ukraine. Central banks that once treated New York Fed custody as default are now diversifying storage to domestic vaults and alternative financial centers. The trend reflects a broadening hedge against US-dollar dominance and geopolitical asset freezes.

• Nikkei Asia — Nikkei survey: central banks plan to raise gold share of reserves; repatriation from NY/London accelerating
• Drudge Report — post-Russia sanctions precedent drove rethink of where to physically custody gold reserves