# Central Banks Keep Loading Up on Gold as the Slow Retreat From the Dollar Picks Up Pace

> A fresh World Gold Council report shows central banks are steadily adding gold to their reserves while easing their reliance on the US dollar. In the survey, 84% of officials expect gold's share to keep climbing.

**Type:** article · **Category:** Business · **Published:** 2026-06-17 · **Source:** TrendKia
**Canonical:** https://trendkia.com/en/business/kendriya-bainkon-ka-sone-ki-ora-jhukava-dolara-se-duri-ki-raphtara-barhi-nai-rip-1469 · **Language:** English
**Tags:** de-dollarization, World Gold Council, central bank gold reserves, US dollar, Federal Reserve, gold investment

Central banks around the world are gradually loosening their grip on the US dollar and turning to gold instead. The latest report from the World Gold Council (WGC) underlines this trend, suggesting that banks will keep stacking the precious metal in their reserves and diversifying their holdings. The shift is a clear sign that gold is increasingly being treated as a credible alternative to the dollar.

 

## Buying Spree Since 2022 Has Paid Off Handsomely

For several developing nations, the bet has been highly rewarding. The accumulation spree began in 2022, and since then these countries have booked billions in profit. The Spot XAU/USD index has climbed close to 140% over that stretch, effectively doubling their investments in five years.

Sitting on dollars, by contrast, carries its own price tag. It exposes economies to the twin risks of rising national debt and inflation. Many countries now see moving their reserves away from the dollar as the only real way to shield their economies from the fallout of America's decisions.

 

## 84% of Surveyed Officials Expect Gold's Share to Rise

The WGC survey drew in officials from 76 banks. Of them, 84% said gold accumulation would keep increasing, while 74% expected the share of the US dollar in central bank reserves to fall. The numbers make the direction of travel plain, with the dollar being given less weight than gold and de-dollarization gathering momentum.

 

## Worries Go Beyond the Dollar to the Fed's Independence

The concerns of emerging economies are not limited to debt stability. These nations are also uneasy about the independence of the Federal Reserve. US President Donald Trump has been pulling the Federal Reserve into politics, stripping away its independent shield. Trump has also been a vocal opponent of de-dollarization, warning countries of serious consequences if they walk away from the US dollar.

**“All those factors might be on the minds of central bankers as they think about the composition of the reserve assets going forward,”** Shaokai Fan, global head of central banks and head of the Asia-Pacific at the World Gold Council, told TrendKia.

 

## The Process Could Accelerate After 2029

Analysts reckon de-dollarization could shift into top gear once Trump's tenure ends in January 2029. If that happens, the countries that have invested in gold may see their bets pay off even more handsomely over the next three years.

## What this means for you
- **For investors:** Steady central bank buying can prop up gold prices, making this trend an important signal for anyone holding or eyeing gold.
- **For everyday savers:** As the dollar loses ground and demand for gold grows, the metal may remain a safer long-term store of value.

## Questions & Answers

### 1. How many banks took part in the survey and how many expect gold buying to rise?
The WGC survey included officials from 76 banks, and 84% of them said gold accumulation would keep increasing.

### 2. When did the gold buying spree begin and how much has it gained?
It began in 2022, and since then the Spot XAU/USD index has climbed close to 140%, roughly doubling the investments in five years.

### 3. Why are countries moving away from the dollar?
Holding the dollar carries the risk of rising national debt and inflation, and countries are also worried about the Federal Reserve's independence and America's decisions.

### 4. When could de-dollarization speed up?
Analysts believe it could shift into top gear after Trump's tenure ends in January 2029.

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