
Gold reserves rise as central banks weigh dollar dependence
Central banks plan to reduce dollar reserve share for the first time, favoring gold amid geopolitical risks. But no alternative matches the dollar's liquidity and market depth.
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Central banks plan to reduce dollar reserve share for the first time, favoring gold amid geopolitical risks. But no alternative matches the dollar's liquidity and market depth.

Platform capitalism creates new dependencies for developing nations. Russia's fortress model and China's managed openness offer contrasting paths, while Indonesia's 'Benteng Indonesia' concept proposes a flexible third way.