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Nomi Prins: Why Dollar Weaponization Drives Gold Buying When the U.S. weaponizes the dollar, foreign central banks buy more gold. Nomi Prins explains how sanctions, frozen reserves, de-dollarization, and currency risk are reshaping central-bank gold de

World Gold brief based on reporting byLinkedIn
Brief

Reported by LinkedIn: “Nomi Prins: Why Dollar Weaponization Drives Gold Buying When the U.S. weaponizes the dollar, foreign central banks buy more gold. Nomi Prins explains how sanctions, frozen reserves, de-dollarization, and currency risk are reshaping central-bank gold de”. Gold settled at $4,168 an ounce on September 28, 2026 — $134.02 per gram, -3.54% on the day. The story touches the United States: we track local prices and customs flows for those.

Why it matters

Official-sector buying or selling changes physical demand and long-term market expectations. Persistent purchases can support the market, but do not guarantee an immediate price increase.

Transmission channels
  • official reserves
  • physical demand
  • currency confidence
  • long-term expectations
What to watch next
  • next reserve disclosure
  • net purchase volume
  • geographic breadth
  • reserve and import data: the United States
Methodology and transparency

This World Gold brief is based on the headline and available metadata. We do not reproduce the publisher's article or add unverified details. The price on the date of the report is our own data: the daily COMEX futures settlement, converted to grams at 31.1035 g per troy ounce.

Read the full report at the original publisherLinkedIn
Data on this topicGold price and reserves in United StatesGold price today by currency
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