Experts say that central banks around the world are accelerating de-dollarization.

The World Gold Council report shows that in the second quarter of this year, global official gold reserves increased by 166 tons, reaching a historical high. From 2022 to 2024, the annual gold purchases by global central banks have exceeded 1000 tons for three consecutive years. Experts say that diversifying reserve assets has become a trend for global central banks. In response to the rate-cut signals released by the Federal Reserve, many central banks may continue to increase their gold holdings. Wen Bin, chief economist at China Minsheng Bank, said that recently, gold has surpassed the euro to become the world's second largest reserve asset. Central banks around the world are accelerating de-dollarization to diversify risks, leading to a continuous increase in gold prices. The World Gold Council's "Global Central Bank Gold Reserve Survey 2025" also shows that 95% of the surveyed central banks expect global official gold reserves to increase in the next 12 months, with 43% saying they will also increase their own gold holdings.