Gold is staging one of the most epic rallies in recent history. Asia is leading the charge, with both China and India setting all-time highs in gold reserves. China’s reserves hit a staggering $73.5 billion last month, while India’s climbed to $70.9 billion. The numbers tell a clear story: Asia is stacking gold at an unprecedented rate, and they’re not stopping anytime soon.
Over the past decade, India’s gold reserves have tripled, while China’s have more than doubled. This isn’t just a trend—it’s a calculated move away from US Treasury bonds and the US Dollar. Both nations are looking for safer, more stable stores of value. Gold isn’t just a commodity; it’s their hedge against geopolitical risks, economic turmoil, and the shifting power dynamics in global finance.
Globally, gold demand surged 24% year-over-year in 2024, hitting a record $382 billion. This isn’t some passing phase; gold is once again proving itself as the go-to asset during times of crisis. The pattern is clear: gold rallies when things fall apart. After the dot-com crash, it soared 167%. Post-Great Financial Crisis, it jumped 70%. After the 2020 crisis, it skyrocketed 40% in just four months. It’s no wonder central banks have been loading up on gold for two straight years—they saw this coming.
In fact, gold is on a straight line higher. Another day, another 220,000 ounces delivered to COMEX vaults, pushing prices above $2,950. The panic scramble for physical gold that started last December is still in full swing. And let’s talk about crypto. It’s entering a bear market priced in gold. While some would argue that it never really had a bull market to begin with, the CRE (Commercial Real Estate) situation explains why altcoins never saw the big run this time around, and it’s why Bitcoin’s bull market hit a wall.
Gold is emerging as the ultimate store of value. If you’re not paying attention, now’s the time. This isn’t just a trend; it’s a massive shift in global finance. As Asia leads the way, it’s only a matter of time before the rest of the world follows suit.
Sources:
https://x.com/KobeissiLetter/status/1894095324270244064
https://globalmarketsinvestor.beehiiv.com/p/is-this-a-time-to-be-cautious-about-gold
https://x.com/inside_finance/status/1719340293517152527
https://x.com/zerohedge/status/1894175995705360527