Arslanalp, Serkan; Eichengreen, Barry; Simpson-Bell, Chima - 2023
After moving slowly downward for the better part of four decades, central bank gold holdings have risen since the … appeals to central bank reserve managers as a safe haven in periods of economic, financial and geopolitical volatility, when … central bank reserves held in the form of gold. There is some evidence that multilateral sanctions imposed by these, and other …