The need for a reserve asset of value is observed, given the weakness of fiat money.
Gold was in an uptrend during 2024.
Gold purchases by central banks reached 53 net tonnes in November, marking the highest level in 14 months, according to market analysis newsletter The Kobeissi Letter.
This movement highlights a trend sustained for 18 consecutive monthsin which national financial institutions have increased their reserves of this precious metal, points out the bulletin.
Between January and November 2024, central banks acquired 794 tons of gold, the third highest figure recorded so far this century.
“Poland, Türkiye, India and China were the main buyers during this period,” says Kobeissi.
From this group of countries, Poland stands out with a purchase of 21 metric tons. For its part, China resumed its gold purchases in November, accumulating five tons after a break of several months, says Kobeissi.
China can play an important role in 2025
“If China puts its feet back into the gold market, that could set sparks flying on gold prices,” says the financial analyst Sean Brodick.
This happens because the Asian giant surpassed India as the main world consumer of the precious metal in 2023 and has consolidated its official gold reserves at 2,264 tons.
For the analyst, China is accumulating all this gold because opposes the hegemony of the US dollar.
This effort reinforces its position in the economic and geopolitical struggle with the United States, especially in the context of the tariff policies that Donald Trump has promised to reinstate upon assuming the presidency in 2025.
Something to keep in mind is that China has discovered a huge gold deposit with reserves estimated at more than 1,000 tons, as reported by the Geological Bureau of Hunan province, in the center of the Asian country. The discovery was valued at $83 billion.
Support in the face of instability
The resurgence of interest in gold reflects the need for central banks to find a safe asset amid global uncertainty. Brodick explained that This phenomenon is directly related to the cracks observed in the global geopolitical and economic order..
“Central banks want to have real money to support their financial stability if things go wrong,” he said.
The price of gold, which is up 28% since the beginning of 2024, continues to benefit from this growing demand. This upward trend will continue in 2025, replicating the solid performance of 2024, as reported by CriptoNoticias.
Gold and bitcoin: strategic assets
Although gold leads as a safe haven, bitcoin (BTC) is also positioned as an attractive option for investors.
In 2024, the cryptocurrency surpassed $100,000, driven largely by the adoption of ETFs based on this asset in the United States.
Projections from institutions such as Standard Chartered and Bitwise estimate that the price of bitcoin could reach between 200,000 and $250,000 in 2025.
This duality of assets, one traditional and the other digital, is marking a generational change in investments. While gold offers proven stability, bitcoin captures the attention of new generations who see it as a combination of safe haven and innovative technology.
2025 is shaping up to be a key year for gold and bitcoin, which continue to consolidate in an investment environment marked by uncertainty. The accumulation of gold by central banks and the growing adoption of bitcoin reflect a global search for strategic assets that offer security and adaptability in times of change.
