List of Flash News about emerging markets gold reserves
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2025-05-05 18:01 |
World Central Banks See $600 Billion Surge in Gold Holdings Value Amid Bull Market in 2024
According to The Kobeissi Letter, developed market central banks have experienced a $600 billion, or 90%, increase in the value of their gold holdings, reaching a record $1.3 trillion since 2022, as reported on May 5, 2025. Simultaneously, emerging market central banks have doubled the value of their gold reserves to new highs. These significant gains in gold holdings underline a robust bullish trend, encouraging traders to closely monitor central bank activity and gold price movements for potential trading opportunities and risk management strategies (source: The Kobeissi Letter, Twitter). |