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How Nations Are Boosting Reserves Without Spending Dollars

How to Set Up a Precious Metals IRA with GoldSilver 


With gold prices near record highs, central banks are increasingly buying gold directly from domestic mines, bypassing the traditional global bullion markets. According to the World Gold Council, 19 central banks now use this method, often at a discount and in local currency—saving on shipping, fees, and foreign exchange.

Nations like Ghana, Zambia, and the Philippines are leading the charge. While domestic sourcing comes with logistical and ethical challenges, it allows countries to build gold reserves without draining their dollar holdings—and gives small-scale miners a stable, legal buyer. The move reflects rising gold demand from central banks amid global uncertainty and fiscal risk.



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