What the price of gold tells us about Trump and the future - SMH.com.au
Gold
AI desk brief
Gold is being recast from a “barbarous relic” into a geopolitical reserve asset, with the article arguing that Western sanctions risk and dollar weaponisation are pushing central banks toward bullion. The key tradeable point is the scale of the shift: global gold’s share of official reserves is cited as rising from about 10% early this century to roughly 30% today, while the dollar’s share has slipped from around 60% to 40%.
Sources used
- S1 SMH.com.au via Google News — What the price of gold tells us about Trump and the future - SMH.com.au