CBs to buy more gold - Rogoff

Harvard economic professor and former chief economist and director of research at the IMF, Kenneth Rogoff, told delegates attending a precious metals conference in Johannesburg that he expects central bank gold sales to be reversed in time. "There are less compelling reasons to sell gold in future", he said.

Rogoff argued that a key driver of central bank gold purchases will be the desire to diversify reserve portfolios. He believes the central banks will favour gold over other major currencies

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.