Intro

Central banks hold more gold than US treasuries now. Behind the recent increase in gold's purchase by countries' central banks are three factors- a weakened dollar, uncertainty post Trump assumed office & geopolitics. Central banks' purchase of gold is also driving up its price which has increased by 35% this year. ThePrint Editor-In-Chief Shekhar Gupta explains why countries are stocking gold & dumping US treasury bonds, and how geopolitics is driving this.