Recently, while watching the markets, I noticed that gold’s performance has been quite interesting. The incident involving fighter jets and radar lock-on between China and Japan has been making a lot of noise, and at times like this, safe-haven funds start to get restless. Looking through historical data, every time geopolitical tensions rise, gold prices can basically withstand the pressure and sometimes even go up against the trend.
What’s even more noteworthy is the central bank’s actions—it has increased its gold reserves for 13 consecutive months, with the latest figure at 74.12 million ounces. This is a very clear signal: on the one hand, it’s about reducing reliance on US dollar assets; on the other, it shows that top-level policymakers have strong recognition of gold’s long-term value. This continued buying behavior is essentially providing a floor for gold prices.
Looking ahead to next Wednesday, (December 10), the Fed’s FOMC meeting, the market expects an 86.2% probability of a 25-basis-point rate cut. If the rate cut happens, the cost of holding gold will drop further, and a weaker dollar will also push up gold priced in USD. In the short term, with geopolitical risks plus expectations of rate cuts, gold prices may break through current key resistance levels, so there could be opportunities in gold ETFs or mining stocks. From a long-term perspective, the global de-dollarization trend together with central banks’ gold-buying spree provides a pretty solid case for gold’s continued rise.
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gas_fee_therapist
· 10h ago
Yang Ma bought gold again, and now the hedging market is stable
Gold is really the Moutai of the elderly, and it takes off every time the geographical tension is tense
Wait, the title is about ETH analysis, why is it all gold...
Interest rate cut expectations are coming, but why is BTC still here?
The central bank has increased its position for 13 consecutive months, how optimistic this is
De-dollarization sounds very Web3
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GasFeeCrier
· 12-08 02:16
The central bank has been buying gold for 13 consecutive months. This signal is truly remarkable—the era of de-dollarization has arrived.
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HappyMinerUncle
· 12-08 02:15
The central bank has been buying gold for 13 consecutive months—this move is really bold. Looks like the US dollar is in trouble.
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TerraNeverForget
· 12-08 02:09
The central bank has been buying gold for 13 consecutive months—what kind of hint is this giving us?
Honestly, this signal couldn't be clearer.
With the geopolitical situation and interest rate cuts, gold prices are getting a little out of control this time.
On another note, the trend of de-dollarization has been around for a while; it's just a matter of who reacts faster.
Gold mining stocks are worth keeping an eye on, seriously.
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GasFeeTears
· 12-08 01:59
The central bank is quietly stockpiling gold again, with interest rate cuts combined with geopolitical risks... this market is getting more and more interesting.
#ETH走势分析 $BTC $ETH $SOL
Recently, while watching the markets, I noticed that gold’s performance has been quite interesting. The incident involving fighter jets and radar lock-on between China and Japan has been making a lot of noise, and at times like this, safe-haven funds start to get restless. Looking through historical data, every time geopolitical tensions rise, gold prices can basically withstand the pressure and sometimes even go up against the trend.
What’s even more noteworthy is the central bank’s actions—it has increased its gold reserves for 13 consecutive months, with the latest figure at 74.12 million ounces. This is a very clear signal: on the one hand, it’s about reducing reliance on US dollar assets; on the other, it shows that top-level policymakers have strong recognition of gold’s long-term value. This continued buying behavior is essentially providing a floor for gold prices.
Looking ahead to next Wednesday, (December 10), the Fed’s FOMC meeting, the market expects an 86.2% probability of a 25-basis-point rate cut. If the rate cut happens, the cost of holding gold will drop further, and a weaker dollar will also push up gold priced in USD. In the short term, with geopolitical risks plus expectations of rate cuts, gold prices may break through current key resistance levels, so there could be opportunities in gold ETFs or mining stocks. From a long-term perspective, the global de-dollarization trend together with central banks’ gold-buying spree provides a pretty solid case for gold’s continued rise.