In uncertain times, gold is proving its relevance as a safe-haven investment. Central banks are buying the precious metal, and the Portuguese are following suit. Crédito Económico Popular (CEP) has entered the gold bar market, selling 19 units in just over a month. Isabel Teixeira, CEP's general manager in Portugal, notes that physical gold is seen as a long-term store of value and a hedge against inflation and currency risks. While the World Gold Council reports that central banks plan to continue increasing their gold reserves, experts warn that investors should consider price volatility and the lack of periodic income, such as interest or dividends, when diversifying their portfolios.
Portuguese follow central banks and invest in gold in times of war
Tuesday, 14 April 2026RSS










