Latest / The Emerging Markets Podcast with Fexingo: Developing Economies, Growth, and Investment
How Emerging Markets Are Betting on Gold Reserves
Episode 147 of The Emerging Markets Podcast: Lucas and Luna dig into the quiet gold rush among emerging market central banks. As the trade-weighted dollar hovers near 120 and the yuan holds at 6.75 per dollar, countries from Poland to China are diversifying reserves into gold at record pace. We break down the numbers behind the World Gold Council's latest survey, why gold is up 22% year-to-date, and what it means for EM currencies and debt. Lucas explains how higher gold reserves give EM central banks more policy room, while Luna points out the risks of hoarding a non-yielding asset. If…
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