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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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