The World Gold Council had some words of advice for central banks around the world: It may be time to diversify away from the U.S. dollar.
While the dollar remains the world’s main reserve currency, the WGC said in a research report that its “optimal” strategy would involve, what else, but gold.
Along with the dollar and the euro, gold is one of the traditional reserve assets that central banks hold.
But the WGC said central bankers should also consider a number of alternative assets, including those priced in the currencies of Canada, Australia and China.
Plugin by: PHP Freelancer
