Yes, central bank demand is a powerful force shaping gold’s long-term trajectory, as countries diversify reserves away from the US dollar and reinforce a trend of de-dollarization. This steady official-sector buying provides a strong foundation for prices, acting as a safety net even in volatile conditions. At the same time, the short-term outlook hinges on shifting variables — from Federal Reserve policy decisions and dollar strength to broader geopolitical tensions — which will determine whether gold can push above the critical $3,450 resistance or remain capped below it. The latest World Gold Council data shows ... (full story)