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Institution: Central Bank's strategic increase in reserves reshapes the gold market landscape, helping gold prices maintain their pump momentum.
Jin10 data October 8 news, Paul Hoffman, chief data analyst at market research firm BestBrokers, stated that the total value of global gold reserves has reached €4.01 trillion (approximately $4.66 trillion), highlighting the asymmetric impact of soaring gold prices on asset portfolios of various countries. The US and Europe mainly rely on the appreciation of existing assets for proportional growth, while medium-sized economies such as Poland, Turkey, and Kazakhstan achieve excess growth through targeted accumulation, indicating that they are strategically diversifying fiat risk. Such behavior signals a potential shift in global gold reserve management: countries are no longer passively holding gold reserves but actively adjusting allocations to hedge against currency and geopolitical risks. This trend may amplify fluctuations in gold demand, sustaining price momentum even if the macroeconomy stabilizes.