Gold is having a historic year:Prices are up +42.17% YTD, on track for the biggest annual rise since 1979.The US Dollar Index is down -10.2%, its sharpest drop at this point in the year since 1973.Central banks are a major driver. The chart shows how they flipped from decades of net sellers to record net buyers.Since 2010, net purchases have surged, with 2022–2024 marking the strongest buying spree in modern history.This aligns with a broader de-dollarization trend. The USD share of central bank reserves has fallen from 58% in 2015 to ~43% today.Gold’s share has doubled, climbing from ~9% to nearly 19% in less than a decade.Source: StockMarket.News