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Gold vs Bitcoin: Why global central banks are choosing gold as dollar reserves dwindle

IndiaTimes Tuesday, 27 May 2025 ()
Peter Schiff questions why central banks favor gold over Bitcoin as they prepare for a post-dollar era, highlighting record gold purchases amid rising distrust in the US dollar. This trend reflects gold's enduring role as a reliable reserve asset, contrasting with Bitcoin's volatility and limited institutional acceptance. Analysts suggest geopolitical tensions and economic uncertainty further bolster gold's appeal.
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