Gold Agreement will lapse - Perhaps this noble metal is a good asset

The Gold Agreement that has limited the sale of bullion by central banks will lapse after placing restrictions on sales for 20 years. Central banks have generally stopped selling gold since the Great Financial Crisis, and in fact have become buyers of gold. Allowing the agreement to lapse is a statement that many central banks do not view gold as a "Barbarous Relic". 

If there is a concern that all currencies can be debased and yields on many assets are negative, holding gold at a zero rate does not seem so bad. In a negative rate world, a noble metal may seem like a good store of value.