gold reserves

Serbia increases gold reserves amid shifting global financial landscape

The National Bank of Serbia has significantly ramped up its gold reserves, which surpassed 53 tonnes as of early 2026. This strategic move positions Serbia among the top gold purchasers globally, with the current value of these holdings estimated at around €7 billion. This accumulation reflects a broader trend among central banks in emerging Europe to bolster monetary stability amidst geopolitical tensions, inflationary pressures, and uncertainties surrounding traditional reserve assets. Gold has regained prominence in reserve management worldwide. Once primarily…