The World Gold Council (WGC) reports that 45% of central banks surveyed intend to increase their gold reserves in the next year, marking a two percentage point rise from last year. Conducted between February 5 and May 19, the survey included 74 central banks, with 54% planning to maintain current gold levels and 1% expecting a decrease. Despite recent gold price declines, central banks remain committed to gold, citing its performance during crises and its role in value preservation and diversification. The survey also highlighted that 93% of respondents currently hold gold, up from 81% last year. Emerging markets and developing economies particularly value gold as a hedge against geopolitical risks. Additionally, 9% of central banks increased their domestic gold reserves in the past year, and 10% diversified their overseas gold storage locations. Looking ahead, 7% plan to boost domestic storage, while 9% aim to diversify overseas holdings.