Advertisement/Advertising - This article is distributed on behalf of OR Royalties Inc., Gold Royalty Corp., with which SRC swiss resource capital AG has paid IR consulting agreements. Publisher: SRC swiss resource capital AG · Author: Ingrid Heinritzi · First published: April 15, 2026, 10:30 a.m. Zurich/Berlin
Inflation is rising in the U.S. and here at home. At the same time, the economy is slowing down. The Indian central bank also expects inflation to rise. Higher energy prices are hampering economic growth. Global investors are currently continuing to increase their holdings of gold ETFs. Now that the Middle East conflict appears to be intensifying, inflation fears are likely to grow. This should make gold more attractive and limit its downside potential.
Among central banks, which are known to favor gold, the Polish central bank stood out in March by increasing its gold reserves. Gold prices had, after all, fallen significantly. Poland’s gold reserves now total approximately 580 tons of gold. And according to Poland, a further increase in gold reserves is planned. In January and February 2026, central banks added a total of around 25 tons to their reserves, marking the 23rd consecutive month of reserve growth.
In Uzbekistan, gold reserves account for about 88 percent of total foreign exchange reserves, demonstrating the country’s strong confidence in the precious metal. In China, the figure is only about ten percent. Significant demand could therefore still emerge from China and various other countries. Turkey and Russia have recently emerged as sellers of gold. This demonstrates that, for a central bank, gold serves both as a long-term strategic reserve and as a source of liquidity in times of crisis. More private investors should also recognize the positive trend among central banks toward the precious metal.
Gold Royalty - https://www.commodity-tv.com/ondemand/companies/profil/gold-royalty-corp/ - focuses on gold, silver, and copper, as well as gold properties in North and South America. Gold Royalty’s portfolio currently includes around 250 royalties and streams. New licenses have recently been added. Record revenues were achieved in the fourth quarter of 2025 and for the full year 2025. Gold Royalty is debt-free.
OR Royalties - https://www.commodity-tv.com/ondemand/companies/profil/or-royalties-inc/ - focuses on gold, silver, and copper with interests and royalties in Canada, Australia, and the U.S. New royalties were recently added. The company pays dividends. The year 2025 saw record revenue. The first quarter of 2026 also ended with record revenue from streams and royalties.
Current company information and press releases from OR Royalties (- https://www.resource-capital.ch/en/companies/or-royalties-inc/ -) and Gold Royalty (- https://www.resource-capital.ch/en/companies/gold-royalty-corp/ -).
You can also find further information in our new Precious Metals Report at the following link: https://www.resource-capital.ch/en/reports/view/precious-metals-report-2025-04/
Sources: OR Royalties, Gold Royalty
https://www.gold.org/goldhub/gold-focus/2026/04/weekly-markets-monitor-high-price-pay;
https://www.gold.de/goldreserven/;
https://www.resource-capital.ch/en/reports/view/precious-metals-report-2025-04/
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