USD $4,356.90 −1.38% US Dollar, 4,356.90 per Troy Ounce, Down 1.38 percent today
EUR €3,763.78 −1.38% Euro, 3,763.78 per Troy Ounce, Down 1.38 percent today
GBP £3,219.06 −1.38% British Pound, 3,219.06 per Troy Ounce, Down 1.38 percent today
AED د.إ16,000.71 −1.38% UAE Dirham, 16,000.71 per Troy Ounce, Down 1.38 percent today
SAR ﷼16,338.37 −1.38% Saudi Riyal, 16,338.37 per Troy Ounce, Down 1.38 percent today
INR ₹417,247 −1.38% Indian Rupee, 417,247 per Troy Ounce, Down 1.38 percent today
PKR ₨1,210,113 −1.38% Pakistani Rupee, 1,210,113 per Troy Ounce, Down 1.38 percent today
JPY ¥695,321 −1.38% Japanese Yen, 695,321 per Troy Ounce, Down 1.38 percent today
CNY ¥29,439.18 −1.38% Chinese Yuan, 29,439.18 per Troy Ounce, Down 1.38 percent today
AUD A$6,142.89 −1.38% Australian Dollar, 6,142.89 per Troy Ounce, Down 1.38 percent today
CAD C$6,051.04 −1.38% Canadian Dollar, 6,051.04 per Troy Ounce, Down 1.38 percent today
CHF CHF3,539.77 −1.38% Swiss Franc, 3,539.77 per Troy Ounce, Down 1.38 percent today
TRY ₺208,807 −1.38% Turkish Lira, 208,807 per Troy Ounce, Down 1.38 percent today

USD $4,356.90 −1.38% US Dollar, 4,356.90 per Troy Ounce, Down 1.38 percent today
EUR €3,763.78 −1.38% Euro, 3,763.78 per Troy Ounce, Down 1.38 percent today
GBP £3,219.06 −1.38% British Pound, 3,219.06 per Troy Ounce, Down 1.38 percent today
AED د.إ16,000.71 −1.38% UAE Dirham, 16,000.71 per Troy Ounce, Down 1.38 percent today
SAR ﷼16,338.37 −1.38% Saudi Riyal, 16,338.37 per Troy Ounce, Down 1.38 percent today
INR ₹417,247 −1.38% Indian Rupee, 417,247 per Troy Ounce, Down 1.38 percent today
PKR ₨1,210,113 −1.38% Pakistani Rupee, 1,210,113 per Troy Ounce, Down 1.38 percent today
JPY ¥695,321 −1.38% Japanese Yen, 695,321 per Troy Ounce, Down 1.38 percent today
CNY ¥29,439.18 −1.38% Chinese Yuan, 29,439.18 per Troy Ounce, Down 1.38 percent today
AUD A$6,142.89 −1.38% Australian Dollar, 6,142.89 per Troy Ounce, Down 1.38 percent today
CAD C$6,051.04 −1.38% Canadian Dollar, 6,051.04 per Troy Ounce, Down 1.38 percent today
CHF CHF3,539.77 −1.38% Swiss Franc, 3,539.77 per Troy Ounce, Down 1.38 percent today
TRY ₺208,807 −1.38% Turkish Lira, 208,807 per Troy Ounce, Down 1.38 percent today

Tagged: geopolitical risk

Central Banks 19 Aug 2026 4 min read

Why Central Banks Hold Gold Reserves

Central banks hold gold reserves for diversification, as a safe store of value independent of any government, and to manage geopolitical and financial risk.