Central banks around the world are increasingly enthusiastic about buying gold, with gold becoming a "stable anchor" for reserve assets.

As the price of gold continues to hit new highs, the enthusiasm of central banks around the world to buy gold remains high. Gold, as the "king" asset, is reshaping the allocation logic of global assets in a dominant position, and is being seen as a safe haven and stable anchor during this transitional period as the international reserve system evolves from a single-dollar dominated to a diversified structure. Analysts generally believe that as a unique super-sovereign currency, gold is becoming a "safe haven" and "stable anchor" during this transition period.