Why Central Banks Are Buying Gold: Implications for Investors

In a world marked by geopolitical tensions, persistent inflation, and shifting monetary landscapes, central banks worldwide are quietly increasing their gold reserves. These strategic additions go beyond mere historical relics and signify a crucial role for gold in stabilizing national economies and navigating global financial turbulence. But what does this growing trend mean for individual investors? 2024 saw record-breaking purchases by central banks as reported by the World Gold Council, exceeding long-term averages. Understanding the reasons behind these acquisitions can provide valuable insights for individual investment strategies.