Central Banks See Gold Prices Trading Between $5,000 And $6,000 In 12 Months – OMFIF Survey

Central banks remain strongly bullish on gold, with most survey respondents expecting prices to trade between $5,000 and $6,000 per ounce over the next 12 months as geopolitical risks and reserve diversification continue to drive demand. The OMFIF survey also found that many central banks plan to reduce their reliance on the U.S. dollar while increasing gold holdings, reinforcing the metal’s growing role as a strategic reserve asset.