{"id":692639,"date":"2026-04-09T00:00:00","date_gmt":"2026-04-09T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?p=692639"},"modified":"2026-04-09T03:34:58","modified_gmt":"2026-04-09T03:34:58","slug":"central-banks-shift-from-us-treasuries-to-gold-and-usd-flagging-geopolitics-as-the-top-risk","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2026\/04\/09\/central-banks-shift-from-us-treasuries-to-gold-and-usd-flagging-geopolitics-as-the-top-risk\/","title":{"rendered":"Central banks shift from US Treasuries to gold and USD, flagging geopolitics as the top risk"},"content":{"rendered":"

For the first time in years, the people managing the world's money are more worried about <\/strong>missiles than inflation.<\/strong> Some 70% of central banks \u2014 who collectively manage over USD 9.5 tn in reserves \u2014 now rank geopolitical tension as their top global risk, according to a Central Banking Publications survey of about 100 institutions picked up by Reuters<\/a>.<\/p>\n

That is a massive spike from the 35% who held that view in 2024<\/strong>, knocking US trade protectionism out of the top anxiety spot. Inflation and interest rates are still a primary five-year concern for just over half of reserve managers, but that figure has dropped from 76% last year.<\/p>\n

Why it matters<\/p>\n

The shifting geopolitical tectonic plates are shaking trust in US debt and the USD.<\/strong> Some 80% of reserve managers still view the greenback as the world's primary safe-haven currency, but its absolute dominance is increasingly being questioned. The USD index (DXY) shed over 12% against a basket of top currencies between January of last year and this year.<\/p>\n

The appetite for US debt is also taking a major hit.<\/strong> Only a third of survey respondents expect US bonds to outperform those of other G7 economies and China. That is a big drop in confidence compared to 2024, when over 70% expected US Treasuries to lead the pack. The percentage of central banks that see the USD role directly impacting their reserve management decisions over the next five years has also jumped to 16%, up from just 3% last year.<\/p>\n

\n

What's next?<\/p>\n

Gold is poised to catch the overflow: <\/strong>The clear beneficiary of this macro anxiety is gold. Nearly 75% of central banks currently hold the precious metal in their reserves, and almost 40% are actively considering increasing their exposure.<\/p>\n

The regional ripple effects will be highly asymmetric.<\/strong> This shifting risk landscape was a core theme at the European Central Bank Watchers Conference<\/a>, where policymakers highlighted how differently these shocks will land.<\/p>\n

Europe's energy trap:<\/strong> Bank of Finland Governor Olli Rehn warned that Europe faces \u201casymmetric\u201d exposure to Middle Eastern conflicts because of its structural reliance on imported energy. Rehn argued the bloc urgently needs targeted fiscal measures and common financing to bolster its own defense and capital markets.<\/p>\n

China's buffers:<\/strong> China is relatively insulated from immediate energy shocks thanks to its massive strategic oil reserves, UBS chief China economist Tao Wang noted. Even if global oil spikes to USD 130 a barrel, it would only partially translate to domestic prices, though Wang warned that geopolitical risks globally have become \u201chighly unpredictable.\u201d<\/p>\n

The Fed's credibility test:<\/strong> University of Wisconsin professor Menzie Chinn pointed out that the global economy is facing a \u201chighly shocking\u201d year. If the US Federal Reserve's credibility is eroded in this environment, it could fundamentally alter the USD\u2019s international position and how foreign central banks manage their reserve holdings moving forward.<\/p>\n

\n

MARKETS THIS MORNING- <\/p>\n

After yesterday's rally, Asian markets are down in early trading this morning amid fears that tensions between the US and Iran will escalate again. Japan\u2019s Nikkei is down 0.5% and South Korea\u2019s Kospi is down 1.3%. Meanwhile, US stock futures are flat. <\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

<\/use><\/svg><\/p>\n<\/td>\n\n

EGX30<\/strong> <\/p>\n<\/td>\n

\n

48,594<\/p>\n<\/td>\n

\n

+4.1% (YTD: +16.2%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

USD (CBE) <\/strong><\/p>\n<\/td>\n

\n

Buy 53.26<\/p>\n<\/td>\n

\n

Sell 53.40<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

USD (CIB)<\/strong><\/p>\n<\/td>\n

\n

Buy 53.27<\/p>\n<\/td>\n

\n

Sell 53.37<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Interest rates (CBE)<\/strong><\/p>\n<\/td>\n

\n

19.00% deposit<\/p>\n<\/td>\n

\n

20.00% lending<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Tadawul <\/strong><\/p>\n<\/td>\n

\n

11,339<\/p>\n<\/td>\n

\n

+2.3% (YTD: +8.1%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

ADX <\/strong><\/p>\n<\/td>\n

\n

9,869<\/p>\n<\/td>\n

\n

+2.9% (YTD: -1.2%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

DFM <\/strong><\/p>\n<\/td>\n

\n

5,777<\/p>\n<\/td>\n

\n

+6.9% (YTD: -4.5%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

S&P 500 <\/strong><\/p>\n<\/td>\n

\n

6,783<\/p>\n<\/td>\n

\n

+2.5% (YTD: -0.9%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

FTSE 100 <\/strong><\/p>\n<\/td>\n

\n

10,609<\/p>\n<\/td>\n

\n

+2.5% (YTD: +6.8%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Euro Stoxx 50 <\/strong><\/p>\n<\/td>\n

\n

5,913<\/p>\n<\/td>\n

\n

+5.0% (YTD: +2.1%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Brent crude <\/strong><\/p>\n<\/td>\n

\n

USD 96.70<\/p>\n<\/td>\n

\n

-11.5%<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Natural gas (Nymex) <\/strong><\/p>\n<\/td>\n

\n

USD 2.74<\/p>\n<\/td>\n

\n

+0.4%<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Gold <\/strong><\/p>\n<\/td>\n

\n

USD 4,713<\/p>\n<\/td>\n

\n

-0.2%<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

BTC<\/strong><\/p>\n<\/td>\n

\n

USD 70,996<\/p>\n<\/td>\n

\n

-1.3% (YTD: -19.0%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

S&P Egypt Sovereign Bond Index<\/strong><\/p>\n<\/td>\n

\n

1,028<\/p>\n<\/td>\n

\n

+0.3% (YTD: +3.6%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

S&P MENA Bond & Sukuk<\/strong><\/p>\n<\/td>\n

\n

149.24<\/p>\n<\/td>\n

\n

-0.1% (YTD: -1.8%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

VIX (Volatility Index)<\/strong><\/p>\n<\/td>\n

\n

21.04<\/p>\n<\/td>\n

\n

-18.4% (YTD: +40.7%)<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<\/div>\n

\n

THE CLOSING BELL-<\/p>\n

The EGX30 rose 4.1% at <\/strong>yesterday\u2019s<\/strong> close<\/strong> on turnover of EGP 11.8 bn (77.2% above the 90-day average). Regional investors were the sole net sellers. The index is up 16.2% YTD.<\/p>\n

In the green:<\/strong> Orascom Construction (+8.7%), TMG Holding (+8.1%), and Edita (+7.7%).<\/p>\n

In the red:<\/strong> Valmore Holding -EGP (-5.5%), Egypt Aluminum (-5.0%), and Qalaa Holdings (-4.4%).<\/p>\n","protected":false},"excerpt":{"rendered":"

Over 70% of the surveyed banks rank geopolitics as their top threat<\/p>\n","protected":false},"author":1,"featured_media":692640,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7210],"tags":[72,119,12621,122],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-692639","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-planet-finance","tag-enterpriseam","tag-financial-markets","tag-geopolitics","tag-planet-finance","wpautop","entry"],"acf":{"mongo_id":"47ef1d93-2855-4ddd-8cf0-6f084775791d","order":"12","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2026\/4\/461.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Move over inflation: Central banks have a new biggest fear","related_issue":[692619],"teaser":"Over 70% of the surveyed banks rank geopolitics as their top threat"},"yoast_head":"\nCentral banks shift from US Treasuries to gold and USD, flagging geopolitics as the top risk - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/04\/09\/central-banks-shift-from-us-treasuries-to-gold-and-usd-flagging-geopolitics-as-the-top-risk\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Central banks shift from US Treasuries to gold and USD, flagging geopolitics as the top risk\" \/>\n<meta property=\"og:description\" content=\"Over 70% of the surveyed banks rank geopolitics as their top threat\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2026\/04\/09\/central-banks-shift-from-us-treasuries-to-gold-and-usd-flagging-geopolitics-as-the-top-risk\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-09T00:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-04-09T03:34:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2026\/4\/461.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2026\/04\/09\/central-banks-shift-from-us-treasuries-to-gold-and-usd-flagging-geopolitics-as-the-top-risk\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2026\/04\/09\/central-banks-shift-from-us-treasuries-to-gold-and-usd-flagging-geopolitics-as-the-top-risk\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Central banks shift from US Treasuries to gold and USD, flagging geopolitics as the top risk\",\"datePublished\":\"2026-04-09T00:00:00+00:00\",\"dateModified\":\"2026-04-09T03:34:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2026\/04\/09\/central-banks-shift-from-us-treasuries-to-gold-and-usd-flagging-geopolitics-as-the-top-risk\/\"},\"wordCount\":650,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2026\/04\/09\/central-banks-shift-from-us-treasuries-to-gold-and-usd-flagging-geopolitics-as-the-top-risk\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2026\/4\/461.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"Financial Markets\",\"geopolitics\",\"Planet Finance\"],\"articleSection\":[\"PLANET FINANCE\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2026\/04\/09\/central-banks-shift-from-us-treasuries-to-gold-and-usd-flagging-geopolitics-as-the-top-risk\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2026\/04\/09\/central-banks-shift-from-us-treasuries-to-gold-and-usd-flagging-geopolitics-as-the-top-risk\/\",\"name\":\"Central banks shift from US Treasuries to gold and USD, flagging geopolitics as the top risk - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2026\/04\/09\/central-banks-shift-from-us-treasuries-to-gold-and-usd-flagging-geopolitics-as-the-top-risk\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2026\/04\/09\/central-banks-shift-from-us-treasuries-to-gold-and-usd-flagging-geopolitics-as-the-top-risk\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2026\/4\/461.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2026-04-09T00:00:00+00:00\",\"dateModified\":\"2026-04-09T03:34:58+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2026\/04\/09\/central-banks-shift-from-us-treasuries-to-gold-and-usd-flagging-geopolitics-as-the-top-risk\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2026\/04\/09\/central-banks-shift-from-us-treasuries-to-gold-and-usd-flagging-geopolitics-as-the-top-risk\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2026\/04\/09\/central-banks-shift-from-us-treasuries-to-gold-and-usd-flagging-geopolitics-as-the-top-risk\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2026\/4\/461.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2026\/4\/461.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2026\/04\/09\/central-banks-shift-from-us-treasuries-to-gold-and-usd-flagging-geopolitics-as-the-top-risk\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Central banks shift from US Treasuries to gold and USD, flagging geopolitics as the top risk\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Central banks shift from US Treasuries to gold and USD, flagging geopolitics as the top risk - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2026\/04\/09\/central-banks-shift-from-us-treasuries-to-gold-and-usd-flagging-geopolitics-as-the-top-risk\/","og_locale":"en_US","og_type":"article","og_title":"Central banks shift from US Treasuries to gold and USD, flagging geopolitics as the top risk","og_description":"Over 70% of the surveyed banks rank geopolitics as their top threat","og_url":"https:\/\/enterpriseam.com\/egypt\/2026\/04\/09\/central-banks-shift-from-us-treasuries-to-gold-and-usd-flagging-geopolitics-as-the-top-risk\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2026-04-09T00:00:00+00:00","article_modified_time":"2026-04-09T03:34:58+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2026\/4\/461.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2026\/04\/09\/central-banks-shift-from-us-treasuries-to-gold-and-usd-flagging-geopolitics-as-the-top-risk\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2026\/04\/09\/central-banks-shift-from-us-treasuries-to-gold-and-usd-flagging-geopolitics-as-the-top-risk\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Central banks shift from US Treasuries to gold and USD, flagging geopolitics as the top risk","datePublished":"2026-04-09T00:00:00+00:00","dateModified":"2026-04-09T03:34:58+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2026\/04\/09\/central-banks-shift-from-us-treasuries-to-gold-and-usd-flagging-geopolitics-as-the-top-risk\/"},"wordCount":650,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2026\/04\/09\/central-banks-shift-from-us-treasuries-to-gold-and-usd-flagging-geopolitics-as-the-top-risk\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2026\/4\/461.jpg?fit=%2C&ssl=1","keywords":["EnterpriseAM","Financial Markets","geopolitics","Planet Finance"],"articleSection":["PLANET FINANCE"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2026\/04\/09\/central-banks-shift-from-us-treasuries-to-gold-and-usd-flagging-geopolitics-as-the-top-risk\/","url":"https:\/\/enterpriseam.com\/egypt\/2026\/04\/09\/central-banks-shift-from-us-treasuries-to-gold-and-usd-flagging-geopolitics-as-the-top-risk\/","name":"Central banks shift from US Treasuries to gold and USD, flagging geopolitics as the top risk - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2026\/04\/09\/central-banks-shift-from-us-treasuries-to-gold-and-usd-flagging-geopolitics-as-the-top-risk\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2026\/04\/09\/central-banks-shift-from-us-treasuries-to-gold-and-usd-flagging-geopolitics-as-the-top-risk\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2026\/4\/461.jpg?fit=%2C&ssl=1","datePublished":"2026-04-09T00:00:00+00:00","dateModified":"2026-04-09T03:34:58+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2026\/04\/09\/central-banks-shift-from-us-treasuries-to-gold-and-usd-flagging-geopolitics-as-the-top-risk\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2026\/04\/09\/central-banks-shift-from-us-treasuries-to-gold-and-usd-flagging-geopolitics-as-the-top-risk\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2026\/04\/09\/central-banks-shift-from-us-treasuries-to-gold-and-usd-flagging-geopolitics-as-the-top-risk\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2026\/4\/461.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2026\/4\/461.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2026\/04\/09\/central-banks-shift-from-us-treasuries-to-gold-and-usd-flagging-geopolitics-as-the-top-risk\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Central banks shift from US Treasuries to gold and USD, flagging geopolitics as the top risk"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2026\/4\/461.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2026\/4\/461.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2026\/4\/461.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":578206,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/19\/expect-central-banks-to-stay-hawkish-deep-into-2023-amid-stubborn-inflation\/","url_meta":{"origin":692639,"position":0},"title":"Expect central banks to stay hawkish deep into 2023 amid stubborn inflation","author":"enterpriseam admin","date":"19 December 2022","format":false,"excerpt":"Central banks won\u2019t be taking their feet off the gas anytime soon: Despite hopes in some quarters that central banks will begin to dial back the aggressive monetary tightening in the new year, we should brace for further rate hikes triggered by continued inflationary pressures. This is according to the\u2026","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/395.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":590214,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/16\/slowing-us-inflation-is-bringing-the-greenback-back-down-to-earth\/","url_meta":{"origin":692639,"position":1},"title":"Slowing US inflation is bringing the greenback back down to earth","author":"enterpriseam admin","date":"16 July 2023","format":false,"excerpt":"And that could be good news for emerging markets","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/560.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":549962,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/09\/planet-finance-central-banks-are-stuffing-their-mattresses-with-usds\/","url_meta":{"origin":692639,"position":2},"title":"Planet Finance: Central banks are stuffing their mattresses with USDs","author":"enterpriseam admin","date":"9 October 2022","format":false,"excerpt":"Central banks everywhere are stocking up on USD as they prepare to prop up their currencies: Central banks are letting go of their US Treasuries in favor of cold hard cash that could be deployed to boost their local currencies if necessary, Bloomberg reports. Central banks sold a combined USD\u2026","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":547568,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/27\/forever-inflation-would-be-worse-than-recession-says-central-banks-bank-value-stocks-are-outperforming-equities-but-both-are-down-ytd\/","url_meta":{"origin":692639,"position":3},"title":"Forever-inflation would be worse than recession, says central banks\u2019 bank + Value stocks are outperforming equities \u2014 but both are down YTD","author":"enterpriseam admin","date":"27 June 2022","format":false,"excerpt":"What\u2019s worse than a recession? Entrenched inflation, influential banking body warns: The Bank for International Settlements \u2014 which performs banking services for central banks worldwide \u2014 has called for a \u201cdecisive\u201d wave of global rate hikes from central banks to curb inflation in its flagship annual economic report (pdf) published\u2026","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":557621,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/26\/the-era-of-ultra-cheap-money-is-coming-to-an-end-or-is-it\/","url_meta":{"origin":692639,"position":4},"title":"The era of ultra-cheap money is coming to an end. Or is it?","author":"enterpriseam admin","date":"26 September 2021","format":false,"excerpt":"The era of ultra-cheap money is coming to an end, the Financial Times declares. In a long read out this morning, the salmon-colored paper notes the rather abrupt turn towards more restrictive monetary policies by some central banks around the world. Facing higher inflation for longer than first thought, the\u2026","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":577208,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/14\/banks-can-play-an-important-role-in-the-transition-journey-of-smes\/","url_meta":{"origin":692639,"position":5},"title":"Banks can play an important role in the transition journey of SMEs","author":"enterpriseam admin","date":"14 November 2022","format":false,"excerpt":"By Natalie Blyth If the world is to meet its net zero targets by 2050, businesses must contribute by innovating quickly and at scale. Large firms are already in the spotlight in this regard, and many are making good progress. But the role that SMEs need to play in the\u2026","rel":"","context":"In "A MESSAGE FROM HSBC"","block_context":{"text":"A MESSAGE FROM HSBC","link":"https:\/\/enterpriseam.com\/egypt\/category\/a-message-from-hsbc\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/217.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/692639","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=692639"}],"version-history":[{"count":1,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/692639\/revisions"}],"predecessor-version":[{"id":692675,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/692639\/revisions\/692675"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/692619"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/692640"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=692639"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=692639"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=692639"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=692639"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=692639"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}