Central banks expect the proportion of their reserves that are held in gold to increase over the next five years as well, the World Gold Council (WGC) reports.

Gold’s been on a tear but a new Wall Street forecast says the record run is poised to stop. Gold is trading close to all-time highs, in dollar terms but also when adjusted for inflation. With central banks accumulating and investors attracted by its hedging and safe-haven characteristics, demand has rarely been so robust.

In this article, I discuss the recent performance of gold and its ongoing role as a store of value in investors’ portfolios.

A record share of the world’s central banks plans to accumulate more gold over the next 12 months, drawn by bullion’s performance during times of crisis and protection against inflation.

The gold price might have peaked with two leading investment banks seeing a fall coming later this year, perhaps by as much as 20%

Mali began construction of a new Russia-backed gold refinery on Monday, which the West African country's military leader said would take it closer to asserting control over its natural resources.