Featured Report
A summary of major changes in central banks’ gold holdings.
The report examines how gold can help a central bank meet its foreign reserve management objectives. A portfolio optimiser is used to show that the efficient frontier of a typical developing or emerging market central bank can be enhanced by adding gold - in other words, a bank can enhance its risk-…
This report examines how gold can help a central bank meet its foreign reserve management objectives. It also explains how the gold market works, both in terms of the fundamentals of demand and supply, and the trading and vaulting of gold.
This paper, the first in a series examining trends in central bank activity, looks at some recent developments in the official sector, and places them in the context of the sector’s history over the past 40 years.