Per a recent assessment done

Per a recent assessment done by The Kobeissi Letter on X, the global central banks are heavily focused on piling gold. This has had a significant impact on its price and valuation. Per KL

Central Banks Piles Up Gold (XAU), Challenging The US Dollar’s

Explainer

With consistent gold price spikes

With consistent gold price spikes, the US dollar is now losing its global dominance inch by inch. The swelling debt numbers are also eroding USD prestige

Central Banks Fuel Gold Rally as De-Dollarisation Accelerates

Hace 4 días Central banks’ purchases of gold have increased fivefold since the invasion began, and demand from governments is expected to remain high for some time to come, giving gold

The war in Ukraine accelerated

When central banks buy or sell gold, it can have a direct impact on the XAUUSD pair. For example, if a central bank increases its gold reserves, it can signal to the market that the bank

The war in Ukraine accelerated de-dollarisation, as central banks worldwide witnessed Russia's dollar reserves being effectively wiped out overnight. Central banks have

Central Banks Accumulate Gold (XAU) in Challenge to US Dollar

Recent reports from The Kobeissi

Recent reports from The Kobeissi Letter reveal that central banks worldwide are increasingly stocking up on gold, leading to a surge in its price and market share. Gold

Central banks load up on gold in response to rising geopolitical

How Central Bank Policies Impact the XAUUSD Pair

Central bankers who manage trillions

Central bankers who manage trillions in foreign exchange reserves are loading up on gold as geopolitical tensions including the war in Ukraine force them to rethink

Why Are Central Banks Purchasing Gold (XAU)?