Central banks’ gold stash now at 12.1% – A level unseen since the 90s

Global central banks now hold 12.1% of all gold reserves, the highest level since the 1990s, and this percentage has surged, more than doubling over the past decade. Leading the gold-buying frenzy are China, India, Turkey, and Poland. China alone hit a new high in 2024, reaching 2,264 tonnes, with gold now accounting for 5.4% […] source: https://www.cryptopolitan.com/central-banks-gold-stash-now-at-12-1-a-level-unseen-since-the-90s/