Foreign Central Banks Chose Physical Gold Over Bitcoin | Jim Bullard #gold #Bitcoin #Fed

Headline context

Based on the title and feed metadata; full article text was unavailable.

Former St. Louis Fed President Jim Bullard argues foreign central banks are choosing physical gold over Bitcoin as reserve diversification, while also reducing reliance on U.S. Treasuries. The core takeaway is that official-sector reserve management still favors bullion’s liquidity and credibility over crypto, reinforcing gold’s strategic role in central bank portfolios. Bullard’s comments suggest the de-dollarization/diversification trend remains active at the reserve level, with gold benefiting from both geopolitical caution and a search for non-USD assets. The piece does not provide fresh tonnage, price data, or named central bank flow figures, but it frames the ongoing official-sector bid for gold as a structural support for the market. Near term, the market read-through is mildly bullish for bullion if reserve diversification continues and Treasury allocations remain under pressure. The interview is more thematic than trade-specific, so traders will need follow-up data from WGC, IMF, or central bank purchase reports to quantify whether this is translating into incremental physical demand.