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Central Bank Reserves

Official-sector demand, country rankings, and reserve composition.

Deep DiveCentral Bank Reserves·10 min

Central Bank Gold Purchases: The Country Rankings

Who is actually buying — reported vs. estimated — and what reserve composition tells us about the next five years of demand.

A. FernándezJun 28, 2026
Deep DiveCentral Bank Reserves·8 min

De-dollarization: Fact vs. Fiction

The dollar's reserve share is falling — but slowly. Here is what the data actually shows, and what it implies for gold.

A. FernándezMay 29, 2026
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