Bank of Korea invests in gold assets for first time in 13 years

Share

The Bank of Korea has made its first investment in gold-related assets in 13 years, according to Bloomberg Economics. This move includes acquiring gold-linked exchange-traded funds and domestically produced bullion. The central bank’s gold holdings stood at 104.4 metric tons as of June 2026, representing about 1.1% of its foreign-exchange reserves. This strategy aims to diversify reserve assets and enhance reserve management amid global economic uncertainties.

Source: Read the original article

Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Lire la Suite

Articles