Central Banks Stockpile Gold — Russia & China Lead 2000–2024
New data shows central banks around the world have dramatically increased gold reserves since 2000, with Russia and China adding the most, highlighting ongoing confidence in gold as a strategic asset. (Based on official reserve changes 2000–2024)
🔹 Russia: +1,948 tonnes — largest net increase
🔹 China: +1,885 tonnes — close second
🔹 India: +518 t — steady accumulation
🔹 Türkiye: +501 t — aggressive recent buying
🔹 Poland, Kazakhstan, Saudi Arabia, Thailand: Continued reserve growth
(Figures show net change in official gold reserves over 24 years)
Why This Matters:
📈 Massive central bank gold buying supports long-term bullish fundamentals for gold prices.
📊 By stacking reserves, major economies reduce exposure to fiat risk and diversify away from other reserve assets.
Sustained purchases by big holders like Russia and China signal strategic confidence in gold’s role as a hedge against currency volatility, geopolitical risk, and debt expansion.
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