According to the IMF, gold holdings now account for more than 20% of global reserves, while medium-term growth is projected at 3%, signaling persistent post-pandemic economic sluggishness.
IMF Managing Director Kristalina Georgieva reported that gold now represents over one-fifth of global official reserves. The IMF projects medium-term global economic growth to remain around 3%, a decline from the pre-pandemic rate of 3.7%. Georgieva cautioned that large-scale stock market valuation adjustments could hinder global growth and inflict serious damage on developing economies.