Central banks are reducing their reliance on traditional gold storage hubs in London and New York, according to the World Gold Council’s (WGC) 2026 Central Bank Gold Reserves Survey released on Tuesday, June 16.
The survey found that the share of central banks storing gold at the Bank of England fell to 57% from 64% a year earlier, while the share holding gold at the New York Federal Reserve dropped to 14% from 17% over the same period, the WGC said. The survey, which gathered responses from 73 central banks, indicates that reserve managers are increasingly diversifying vaulting locations.
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