From the article · Kitco News
Speaking during a panel on central banks at the London Bullion Market Association’s annual Precious Metals Conference, reserve managers from Europe, Africa and Latin America said gold’s role has expanded well beyond a simple inflation hedge or store of value.
Why it matters
Central banks are among the largest buyers of gold. Changes in reserve policy, interest rates or balance sheets can shift demand for bullion and for the currencies it is priced in.
Market snapshot · Oct 7, 2026 01:49 UTCGold $4,151 -0.39%Silver $60.82 -0.21%
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