Mint Quick Edit | This era’s gold rush among central banks reflects risks that once seemed distant
An increasing number of central banks, including India's, are repatriating their gold reserves from vaults in the US and UK. This growing trend reflects a significant global trust deficit, exacerbated by geopolitical factors such as the US seizure of Russian assets in 2022. The World Gold Council survey indicates more countries are increasing domestic storage or diversifying overseas locations. Even allies like France and India are retrieving their bullion, signaling a lack of confidence in a stable, fair world order. Central banks are increasingly viewing gold as a crucial hedge against systemic financial collapse, highlighting profound global uncertainty.
LiveMint · Mint Editorial Board · Jun 19, 2026 at 1:30 AM