What could be the cause of this? Dedollarisation! As the world spirals down into chaos and as US regime continues starting new wars of different types, the world continues dumping the dollar. They instead start accumulating gold to beef up their economy, specially if the next World War begins they'll need to back their fiat with anything they can. This is why the central banks have been on a crazy gold buying spree over the past 3 years. Each time the rogue regime in Washington does something nasty, the gold price jumps. Recently they intensified the economic war with China and China retaliated hard, therefore gold jumped another $200-$300. Next they are eying Venezuela and could invade this oil rich country to steal its natural resources. We could then see gold jump another level of two. You are right that some countries are heavily buying gold since 2022 which is 3 years as of 2025. Some central banks have bought more than 1000 tonnes of gold each year since 2022, unlike in 2010 to 2021 that they only bought around 481 481 tonnes of gold a year. This is more than double and it is what has been fueling gold price increase. But the United States government shutdown is still part of the reason, not the major reason, but at least it is contributing to it. The trade war that Trump is causing is also contributing to it. United States should not forget the reason countries started to trust dollar, gold can replace that to some extent.
What could be the cause of this? Dedollarisation! As the world spirals down into chaos and as US regime continues starting new wars of different types, the world continues dumping the dollar. They instead start accumulating gold to beef up their economy, specially if the next World War begins they'll need to back their fiat with anything they can. This is why the central banks have been on a crazy gold buying spree over the past 3 years. Each time the rogue regime in Washington does something nasty, the gold price jumps. Recently they intensified the economic war with China and China retaliated hard, therefore gold jumped another $200-$300. Next they are eying Venezuela and could invade this oil rich country to steal its natural resources. We could then see gold jump another level of two. You are right that some countries are heavily buying gold since 2022 which is 3 years as of 2025. Some central banks have bought more than 1000 tonnes of gold each year since 2022, unlike in 2010 to 2021 that they only bought around 481 481 tonnes of gold a year. This is more than double and it is what has been fueling gold price increase. But the United States government shutdown is still part of the reason, not the major reason, but at least it is contributing to it. The trade war that Trump is causing is also contributing to it. United States should not forget the reason countries started to trust dollar, gold can replace that to some extent.

What could be the cause of this? Dedollarisation! As the world spirals down into chaos and as US regime continues starting new wars of different types, the world continues dumping the dollar. They instead start accumulating gold to beef up their economy, specially if the next World War begins they'll need to back their fiat with anything they can. This is why the central banks have been on a crazy gold buying spree over the past 3 years. Each time the rogue regime in Washington does something nasty, the gold price jumps. Recently they intensified the economic war with China and China retaliated hard, therefore gold jumped another $200-$300. Next they are eying Venezuela and could invade this oil rich country to steal its natural resources. We could then see gold jump another level of two. You are right that some countries are heavily buying gold since 2022 which is 3 years as of 2025. Some central banks have bought more than 1000 tonnes of gold each year since 2022, unlike in 2010 to 2021 that they only bought around 481 481 tonnes of gold a year. This is more than double and it is what has been fueling gold price increase. But the United States government shutdown is still part of the reason, not the major reason, but at least it is contributing to it. The trade war that Trump is causing is also contributing to it. United States should not forget the reason countries started to trust dollar, gold can replace that to some extent.

What could be the cause of this? Dedollarisation! As the world spirals down into chaos and as US regime continues starting new wars of different types, the world continues dumping the dollar. They instead start accumulating gold to beef up their economy, specially if the next World War begins they'll need to back their fiat with anything they can. This is why the central banks have been on a crazy gold buying spree over the past 3 years. Each time the rogue regime in Washington does something nasty, the gold price jumps. Recently they intensified the economic war with China and China retaliated hard, therefore gold jumped another $200-$300. Next they are eying Venezuela and could invade this oil rich country to steal its natural resources. We could then see gold jump another level of two. You are right that some countries are heavily buying gold since 2022 which is 3 years as of 2025. Some central banks have bought more than 1000 tonnes of gold each year since 2022, unlike in 2010 to 2021 that they only bought around 481 481 tonnes of gold a year. This is more than double and it is what has been fueling gold price increase. But the United States government shutdown is still part of the reason, not the major reason, but at least it is contributing to it. The trade war that Trump is causing is also contributing to it. United States should not forget the reason countries started to trust dollar, gold can replace that to some extent.