The role of gold in the gold and currency reserves of the countries

The article considers the essence of gold as an investment asset, its importance for the state economy and the strengthening of its role in the conditions of economic instability of the global financial system. Despite the demonetization, the noble metal remains in favor of central banks in view of the prevailing instability of the global economy and is a significant indicator of the stability of the country's financial situation. The reasons for the increase in gold reserves in the gold and foreign exchange reserves of countries are analyzed, and the main trends in gold in the economies of countries are reviewed.