A rolled-up dollar bill on a chess board like a chess piece, with a crown on top of it.
Most central banks said they expected the dollar's share of global reserves to fall.
  • Central banks from advanced economies plan to buy more gold, a World Gold Council survey indicates.
  • They said they were loading up on gold to hedge against risks such as inflation and economic shocks.
  • Most central banks said they expected the US dollar's share in global reserves to fall in the next five years.

Emerging economies, such as China and its allies, have been hoarding gold to diversify from the US dollar.

But they're not the only gold buyers.