According to The Kobeissi Letter, China's gold reserves have reached a record $73.5 billion, while India's reserves have risen to $70.9 billion, marking an all-time high for both countries. This surge in reserves is part of a broader trend, with global gold demand increasing by 24% year-over-year in 2024, reaching a new peak of $382 billion. These developments indicate a robust demand for gold in Asian markets, which could influence trading strategies by highlighting the potential for increased gold prices and investor interest in the commodity.