1、01gold.orgCentral Bank Gold Reserves SurveyJune 202401Central Bank Gold Reserves Survey June 2024gold.orgExecutive SummaryAn increasingly complex geopolitical and financial environment is making gold reserves management more relevant than ever.In 2023,central banks added 1,037 tonnes of gold the sec

2、ond highest annual purchase in history following a record high of 1,082 tonnes in 2022.Following these record numbers,gold continues to be viewed favourably by central banks as a reserve asset.According to the 2024 Central Bank Gold Reserves(CBGR)survey,which was conducted between 19 February and 30

3、 April 2024 with a total of 70 responses,29%of central banks respondents intend to increase their gold reserves in the next twelve months,the highest level we have observed since we began this survey in 2018.The planned purchases are chiefly motivated by a desire to rebalance to a more preferred str

4、ategic level of gold holdings,domestic gold production,and financial market concerns including higher crisis risks and rising inflation(Q15,page 22).These results come amidst a backdrop of ongoing geopolitical tensions conflict in the Middle East,a protracted war in Ukraine and elevated US-China ten

5、sions.On the macroeconomic front,while global inflation is starting to cool,economic recovery is proceeding at an uneven pace around the world and concerns loom regarding underlying financial vulnerabilities.Accordingly,“interest rate levels”,“inflation concerns”,and“geopolitical instability”continu

6、e to be the leading factors in central bankers reserve management decisions as they were last year.In a continuation of a trend observed in last years survey,the view of the US dollars future proportion of total reserve assets has continued to decline,with 62%of respondents thinking that the dollars