Control of the Gold Market Is Moving - Investorideas.com

AI desk brief

Central bank gold buying remains the dominant bullish structural theme: the article says official reserves have reached a record ~36,600 tonnes, with Poland targeting 20% of reserves in gold and China lifting holdings above 2,330 tonnes. It argues the post-2022 shift toward sanction-proof, non-fiat reserve assets has pushed annual net central bank buying above 1,000 tonnes and helped drive gold from roughly $1,800/oz in late 2022 to over $5,500/oz in early 2026.

The piece also stresses that long-term official sector accumulation removes physical supply from circulation and supports a price floor. It highlights LBMA Good Delivery standards in London as the most liquid form of gold and argues much of the U.S. official stockpile is not readily tradable by modern market standards, reinforcing the distinction between vaulted physical metal and paper claims.