According to The Kobeissi Letter, global net gold purchases by central banks reached 24 tonnes in February, marking the highest monthly total since November 2024. This trend signifies the 20th month of net buying over the last 21 months and indicates a sustained interest in gold as a reserve asset. Such consistent buying behavior suggests a potential hedge against fiat currency volatility, which could impact cryptocurrency markets by influencing investor sentiment towards digital assets. Crypto traders should monitor these developments, as shifts in traditional asset allocations could signal broader market movements.

According to The Kobeissi Letter, global net gold purchases by central banks reached 24 tonnes in February 2025, marking the highest monthly acquisition since November 2024. This trend signifies the 20th month of net buying in the last 21 months, indicating robust demand for gold as a strategic reserve. Central banks are on track for their 16th consecutive year of net purchases, highlighting sustained interest in gold amidst global economic uncertainties.

According to The Kobeissi Letter, Poland, Turkey, India, and Azerbaijan have surpassed China in gold purchases for the year 2024. This marks a historic trend, as central banks have consistently acquired over 1,000 tonnes of gold annually for three consecutive years, highlighting a significant shift towards gold as a strategic asset. This trend is crucial for traders to monitor as it reflects ongoing changes in global economic strategies and potential impacts on gold market valuations.

According to The Kobeissi Letter, central banks in Poland, Turkey, India, and Azerbaijan purchased more gold than China in 2024, marking a historic trend with over 1,000 tonnes in net gold purchases for three consecutive years. This unprecedented buying pattern indicates a strong shift towards gold as a safe-haven asset, impacting global gold market dynamics.

According to The Kobeissi Letter, gold demand in 2024 rose by 29 tonnes, reaching a record 4,975 tonnes. In Q4 2024, demand increased by 10 tonnes to 1,297 tonnes, marking another all-time high. Central banks alone acquired 1,045 tonnes of gold in 2024, marking the third consecutive year of purchases exceeding 1,000 tonnes. This trend highlights a strong institutional interest in gold, which could impact market prices and trading strategies.