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Central Banks To Amass $48,000,000,000 Worth of Gold This Year Amid US Dollar Weaponization: UBS

By Henry Kanapi at 2026-05-09 15:01

Sentiment: Positive

Banking giant UBS says demand for gold from central banks around the world is likely to surge this year as countries back away from the US dollar. In a new report, UBS says it expects central banks to accumulate 700 metric tons of gold worth $48.74 billion this year. According to the financial titan, central […] The post Central Banks To Amass $48,000,000,000 Worth of Gold This Year Amid US Dollar Weaponization: UBS appeared first on The Daily Hodl. Continue reading...

Categories: Futuremash

Tags: #Futuremash #banks #central banks #dollar #Gold #News #U.S. dollar #us dollar

Source The Daily Hodl