Top 5 things you need to know about why central banks are hoarding gold at a record pace
1. Central banks have purchased over 1,000 tons of gold for two consecutive years—an unprecedented buying spree—as nations move to de-risk from the U.S. dollar and Western financial sanctions.
2. China, Poland, and India are leading the charge, with the People’s Bank of China buying non-stop for over 18 months, signaling a shift in global financial power toward the East.
3. Analysts tie this surge to a "de-dollarization" trend: gold has no counterparty risk and holds value when digital currencies or sovereign bonds wobble.
4. The price of gold recently hit all-time highs above $2,400 per ounce, fueling a modern gold rush among retail investors who see central bank buying as a giant bull market signal.
5. Expert warnings: The more central banks hoard, the less liquid the physical gold market becomes, creating a "squeeze" that could send prices far higher if supply lines tighten.