Is Central Bank Demand Driving Gold’s Surge?
From youtube.com/bloomberg-newsWhile equity markets struggle, gold has provided standout returns for investors so far in 2025, up almost 16% year-to-date. Typical explanations for the surge would include the uncertainty washing over global markets and lingering inflation effects. However, gold traders are taking increasing note of a fundamental shift in the composition of asset reserves held by large central banks. Is this central bank demand driving gold’s surge?