For three consecutive years, purchasing over 1,000 tons of gold, experts say global central banks are accelerating de-dollarization

The World Gold Council report shows that in the second quarter of this year, global official gold reserves increased by 166 tons, reaching a historical high. From 2022 to 2024, the annual gold purchases by global central banks have exceeded 1,000 tons for three consecutive years. Experts indicate that promoting the diversification of reserve assets has become a global trend for central banks. In response to the interest rate cut signals released by the Federal Reserve, many central banks may continue to increase their gold holdings. Wen Bin, chief economist of China Minsheng Bank, stated that recently, gold has surpassed the euro to become the world's second-largest reserve asset. Central banks are accelerating de-dollarization to diversify risks, while gold prices continue to break through high levels. The World Gold Council's "2025 Global Central Bank Gold Reserve Survey" also shows that 95% of the surveyed central banks expect global official gold reserves to increase in the next 12 months, and 43% of central banks indicated that they will also increase their gold holdings. (CCTV Finance)