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4 results for “Reserves vs resources” in Markets
Markets · 20 June 2026
Bring It Home: Central Banks and the Great Gold Repatriation
…y. · Repatriation is driven less by distrust of custodians than by the demonstration that reserves can be immobilised. · Bringing gold home imposes real costs: vault construction, insurance, audit and lost liquidity. · The trend interacts with sustained official-sector buying, ti…
Ingrid Sørensen · 13 min read

Markets · 6 August 2026
Why Central Banks Started Buying Gold Again
…by emerging-market reserve managers rebuilding a domestically held, unencumbered share of reserves. · Gold's appeal to a reserve manager is that it carries no counterparty: it cannot be frozen by the issuer of another country's liability. · Central banks are price-insensitive, sl…
Ingrid Sørensen · 17 min read

Markets · 8 August 2026
Moving Bullion: The Logistics Nobody Prices
Between the vault and the buyer sits an industry of armoured vehicles, sealed cargo, bonded warehouses and insurance clauses. It rarely makes news, and it is the reason a spot price in London can dive…
Ingrid Sørensen · 17 min read

Markets · 2 August 2026
Who Actually Sets the Gold Price
…· Central banks and ETF flows move the price in opposite directions on different clocks: reserves are slow and price-insensitive, funds are fast and price-chasing. · Is there one official gold price? No. The number quoted in the press is usually the spot price for unallocated go…
Ingrid Sørensen · 15 min read

