2020 Central Bank Gold Reserve Survey

Data categories: Holders and trends

We highlight several key insights below – download the full report for more.

How relevant are the following factors in your organisation's decision

Responses to this question showed a significant change from the 2019 survey, perhaps indicating a shift in investment sentiment in light of the Covid-19 pandemic and other global developments.

 

Q4. How relevant are the following factors in your organization’s decision to hold gold?

Data as of

Q4. How relevant are the following factors in your organization’s decision to hold gold?

The two most important factors in the decision to hold gold are the same as in 2019: historical position and long-term store of value. Perhaps unsurprisingly, given the current Covid-19 crisis, performance during times of crisis has grown in importance since 2019

Base: All central banks that currently hold gold (42); Advanced economies (10); EMDE (32)..

Source

World Gold Council

Update Schedule

The survey is expected to be conducted annually