Analysts sceptical over central bank gold buying

Central banks are unlikely to rush to diversify their reserves into gold in the near future due to the lengthy decision-making process and small size of the bullion market, Reuters said in a report.

"We are definitely aware of some central banks that are showing more interest in gold but there is a long decision making process, so we are not expecting any major purchases soon," said Jill Leyland, economic adviser to the World Gold Council.

"If you are talking on the pure diversification argument

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 [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

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 here: