Gold Portfolio Allocation Slows Down

Golddealer01 Feb, 2023Business

The Bullion King said, ?Gold and cryptocurrencies have sometimes been seen as competing for investor attention Of course, both crypto and gold can be a means of payment, a store of value and either is ?no man?s liability. With the world becoming multipolar, the latter point is essential for central banks, especially in emerging markets. To that point, in the run-up to the war in Ukraine, Central Bank of Russia had reduced USD holdings while at the same time boosting exposure to gold.?