This subject is not from today, and it will not end tomorrow.
Pullback won't be as strong for gold. So, the key question to ask yourself would be:
<'The New Gold Rush, why Banks Are Adding To Their Gold Reserves' > (?)
">“Gold used to be extremely predictable in how it responded to dollar movements,” notes veteran trader Maria Sanchez. “Not anymore. The playbook has changed completely.”
Central Banks Are Stockpiling Gold at Historic Rates
The smoking gun behind gold’s relentless climb? Central banks worldwide are buying at rates not seen in modern financial history.
For 15 straight years, central banks have been net buyers of gold, but in 2022, they went into overdrive. The World Gold Council reports they added a staggering 1,082 metric tons to their reserves that year alone – a historic record. That buying pace continued through 2023 and 2024, with over 1,000 metric tons added each year.
To put this in perspective: central banks are now buying gold at roughly double their pre-2022 rate.
China stands out among the buyers, having added to its gold reserves for 31 consecutive months through April 2025. Russia, Poland, Turkey, and India have also been significant players in this global gold grab.
A former central banking official speaking on condition of anonymity told me:
“There’s been a fundamental shift in how we view reserve assets. The freezing of Russian assets was a watershed moment that forced everyone to reassess vulnerability.”....
HSBC: Don’t Expect a Major Pullback
HSBC’s chief precious metals analyst James Steel admits gold appears overvalued by traditional metrics but sees minimal risk of significant decline. The bank cites geopolitical factors and tariff concerns as persistent supports for elevated prices.
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“The market will likely stay elevated,” Steel writes, “and central banks will step in to buy any meaningful dips.”
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https://wallstreetwatchdogs.com/2025/04/21/golds-rush-to-4000-why-central-banks-cant-get-enough-of-the-shiny-stuff/--------
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This strategic pivot is not merely an opportunistic move but a calculated response to a complex interplay of factors, including escalating geopolitical tensions, persistent inflationary pressures, and a growing desire for monetary independence. As central banks continue to add thousands of tonnes of gold to their vaults, the impact on global gold demand, market prices, and the broader financial system is undeniable, prompting a re-evaluation of economic resilience and national sovereignty in an increasingly uncertain world....
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Unprecedented Accumulation: A New Era for Gold Reserves
The current era marks the most aggressive institutional gold purchasing behavior in modern monetary history, with central banks establishing a new paradigm for reserve management. Following years of moderate accumulation, net purchases surged to a record-breaking 1,136 tonnes in 2022, a trend that continued with 1,051 tonnes in 2023 and 1,045 tonnes in 2024. As of the third quarter of 2025, year-to-date accumulation has reached 634 tonnes, with projections suggesting total net purchases for 2025 could approach 900 tonnes. This sustained 15-year streak of expansion underscores a profound evolution in global monetary policy.
The motivations behind this gold rush are multifaceted. Geopolitical risk diversification stands out as a primary driver, with international tensions and the weaponization of currencies reinforcing gold's appeal as a politically neutral asset. Central banks increasingly view gold as insurance against potential economic warfare and disruptions to the financial system. Concurrently, a broader "de-dollarization" trend is evident, as nations seek to reduce reliance on the US dollar and other fiat currencies, opting for gold's autonomous value storage, which is immune to political pressures and currency manipulations.
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Winners:
The most direct beneficiaries are gold mining companies. With gold prices exceeding $4,000 per ounce (XAU) in late 2025, miners are enjoying significantly higher revenues and profit margins. Major global producers such as Newmont Corporation (NYSE: NEM), Barrick Gold Corporation (NYSE: GOLD), and Agnico Eagle Mines Limited (NYSE: AEM) are seeing increased investor interest and are likely to accelerate exploration and production efforts. Smaller and mid-tier miners also stand to gain, with higher prices making previously uneconomical deposits viable. Companies providing mining equipment and services, such as Caterpillar Inc. (NYSE: CAT) and Komatsu Ltd. (TYO: 6301), could also see increased demand for their products as mining operations expand.
Furthermore, gold refiners, vaulting services, and precious metals dealers are experiencing a boom. Companies specializing in the secure storage and transport of gold, like Brink's Company (NYSE: BKS) or specialized divisions of financial institutions, will see increased demand for their services as central banks and private investors seek secure storage for their growing gold holdings. Exchange-Traded Funds (ETFs) that track gold prices, such as SPDR Gold Shares (NYSE Arca: GLD) and iShares Gold Trust (NYSE Arca: IAU), are likely to attract more capital, benefiting their managing firms.
Losers (or those facing challenges):
While direct "losers" are less clear-cut, certain sectors or companies might face indirect challenges. Financial institutions heavily invested in traditional fiat currency reserves or government bonds might see a relative decline in the appeal of those assets compared to gold, potentially impacting their portfolio performance or diversification strategies.....
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Key players in this accumulation include nations across Asia-Pacific and Eastern Europe. Poland (67.2 tonnes), Azerbaijan (34.5 tonnes), Kazakhstan (22.1 tonnes), China (19 tonnes), and Turkey (17.2 tonnes) were among the leading accumulators in the first half of 2025. India also significantly boosted its reserves, adding approximately 600 kilograms between April and September 2025, bringing its total to 880 tonnes. This widespread participation highlights a global consensus on gold's strategic importance, with many nations even repatriating significant portions of their gold reserves from abroad to enhance control and security.
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https://markets.financialcontent.com/stocks/article/marketminute-2025-11-10-central-banks-gold-rush-a-strategic-pivot-reshaping-global-finance-De-Dollarization should be the oficial answer....
##: Note. I believe I may have mixed the subjects of the two links,
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this was my private opinion, but 'AI' has her opinion too, Why not?
AI' s answer my Question:
Central banks are increasing their gold reserves due to geopolitical tensions, economic instability, and a desire to diversify away from dollar-dominated assets. This trend reflects a shift towards viewing gold as a safe haven and a hedge against inflation and currency devaluation.
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But, the silver reserves are very large, I don't see so much foundation in the rise of silver,
I see that they are piggybacking on the gold hype, and then it collapses,