00:00Welcome to Finance Learning.
00:03Imagine you were up and suddenly the dollar is only worth half.
00:08Or the euro. Or whatever currency.
00:11Sounds like a nightmare?
00:13For many governments and central banks, it is a scenario for which they must actively prepare and prepare.
00:19And that is with humanity’s oldest store of value.
00:22Gold.
00:23Because the frightening truth is, paper money is simply becoming less and less valuable.
00:28So welcome back.
00:30In this video we take a look at the massive gold purchases by central banks in recent times.
00:35If you are interested in the topic of precious metals, please leave me a free subscription so you don't miss anything.
00:41Because on this channel you can expect informative, yet entertaining content with exactly this focus.
00:47Before we begin, as always, the note.
00:49The content of this video is neither a recommendation for action nor investment advice.
00:55What I present to you is only the result of my research.
00:57But now let's get started.
01:00The price of gold recently broke the incredible mark of $3,000 per ounce.
01:06And since then he has been unstoppable.
01:08$3,000.
01:09This is a record that analysts could only dream of a few years ago.
01:12And while some small investors are getting nervous or waiting for a downturn, the biggest players, i.e. the central banks, are buying gold in quantities we haven't seen in decades.
01:23Stay tuned, because in the next few minutes you'll find out, first, which 10 countries bought the most gold in 2024.
01:31And I promise you, number 1 will surprise you.
01:33Second, why nations have suddenly fallen into a veritable gold rush.
01:39Third, what the rapid rise in the price of gold could mean for your personal investment.
01:45And fourthly, what gold price forecasts experts made for the coming months.
01:49So get ready for a journey into the shining world of gold.
01:55Part 1. The current gold price development
01:57Let's start with the facts.
02:01Gold has exceeded the magic mark of $3,000 per ounce since the beginning of the year.
02:06Since the beginning of the year, that’s a whopping 14% increase in value.
02:10Anyone who bought gold on January 1st could enjoy a substantial profit after just a few months.
02:16But why is the price of gold rising so rapidly?
02:20The answer is complex, but can be boiled down to three main factors.
02:25Let me introduce her to you.
02:27First, the tariff plans and punitive tariffs of US President Donald Trump.
02:34His protectionist trade policy is unsettling the markets.
02:36When international trade is hampered by tariffs, investors look for alternative investments.
02:43This is how they get gold.
02:45Second, the geopolitical tensions.
02:47In particular, the ongoing war in Ukraine and the uncertain negotiations between the US and Russia to end the conflict.
02:55Gold has always been a safe haven in times of crisis.
02:59It is no different today.
03:00And thirdly, the unclear interest rate policy of the major central banks.
03:06When investors do not know how interest rates will develop, they often seek refuge in real assets.
03:11And gold is the classic among tangible assets.
03:13If you want to learn more about the reasons why gold has been rising so much recently, watch this video.
03:19There you will find them in detail.
03:22But now comes the really exciting part.
03:24It is not only private investors who are currently buying gold on a massive scale.
03:28Central banks are also rushing to buy the precious metal like never before.
03:31And for good reason.
03:33Imagine you are the head of a central bank.
03:35Your job is to manage and secure your country's currency reserves.
03:41Traditionally, these reserves are held in safe currencies.
03:45Above all, the US dollar.
03:47But what if you fear that the dollar might lose value?
03:51Or that international sanctions could prevent you from accessing the dollar?
03:56The answer, you diversify.
03:58You buy gold, you hedge.
04:01Now for part 2, the top 10 gold buyers among nations.
04:04A brief interjection on my own behalf.
04:07I noticed that very few of you have subscribed.
04:10If you've watched the video up to this point, please subscribe for free.
04:14Or write me in the comments what's stopping you.
04:17We look at which countries bought the most gold in 2024.
04:22This data comes from the World Gold Conceal.
04:25In 10th place we find Qatar.
04:28The small but extremely wealthy country on the Persian Gulf.
04:31has increased its gold reserves by 9.7% to 9.8 tonnes.
04:36For Qatar, this is part of a broad strategy to diversify its currency reserves
04:40and to protect against economic turbulence.
04:43It is also interesting to note that Qatar is one of the countries with the highest gold reserves per capita.
04:49In other words, each Qatari owns about 12 gold coins.
04:52Not bad, right?
04:54Ghana is in 9th place.
04:55The West African nation has increased its gold reserves by an impressive 57%.
05:02So more than half of the existing stocks were purchased.
05:05In tonnes this corresponds to 11.03.
05:07Ghana is itself a major gold producer.
05:10Formerly known as Gold Coast.
05:13So it makes sense for them to use their own natural resources to secure their economy.
05:17Eighth place goes to Uzbekistan, which added 11.2 tonnes to its stocks.
05:24The Central Asian country is thus reducing its dependence on dollar-based assets.
05:29A trend we can observe in several countries on this list.
05:33This brings us to 7th place, namely Hungary, which recorded an increase in gold purchases of 15.52 tonnes.
05:40This corresponds to an increase of 16.43%.
05:43European countries have long been reluctant to buy gold, but this is now changing dramatically due to the tense situation.
05:51Iraq secured 6th place with an increase of 20.09 tonnes or 14.09% of the previous stock.
05:59For Iraq, whose economy is heavily dependent on oil and gas, gold offers welcome diversification and hedging.
06:06We come to number 5.
06:08Czech Republic.
06:10A country that few expected.
06:11But the Czech Republic has increased its gold reserves by 20.5 tons, or an incredible 66.8%.
06:19That’s two-thirds of the previous inventory in just one year.
06:23This is an enormous increase for a country of this size and clearly shows that confidence in traditional currency reserves is also dwindling in Europe.
06:31In fourth place is a heavyweight.
06:33China.
06:34The People's Republic has increased its already enormous gold reserves by a further 44.17 tons.
06:42In percentage terms, this may seem small at 1.9%, but in absolute terms it is impressive.
06:48China has been pursuing a gold-linked strategy for years, which many analysts interpret as preparation for a possible reorganization of the international monetary system.
06:57By the way, it should also be noted that China is the country that produces the most gold.
07:03There is an extremely high demand for gold here and an extremely high production of gold.
07:07That's something you should keep in mind.
07:09The bronze medal, number 3, goes to India.
07:13The world's most populous country acquired 72.62 tons of gold.
07:18An increase of almost 10%.
07:20India has a particularly close cultural relationship with gold.
07:23It plays an important role in weddings and other ceremonies and is traditionally seen as a hedge against economic uncertainty.
07:31In India, gold is also the symbol of the goddess Lakshmi and is considered divine and pure and a symbol of prosperity.
07:38By the way, a little fun fact: the Indian population owns more gold than the national reserves of Germany, Austria, Switzerland, Italy and the International Monetary Fund combined.
07:48In second place is Turkey, which has increased its gold reserves by almost 90 tons or almost 25%.
07:56Turkey has been struggling with extreme inflation for years.
07:59In such times, gold is a classic store of value.
08:02However, the Turkish central bank is under strong political pressure from President Erdogan, which makes it difficult to effectively combat inflation.
08:09And now to the absolute leader.
08:14Währplatz 1. Poland.
08:16Yes, you heard right.
08:17Poland tops this list of gold-buying nations.
08:20With an increase of 89.54 tonnes or almost 25%, Poland acquired the largest amount of gold of all countries.
08:29The geopolitical situation, especially the war in neighboring Ukraine, may have played a decisive role.
08:35Poland now has a total of 448.2 tons of gold, which represents about 17% of its total foreign exchange reserves.
08:45This puts the country in 12th place among the gold-richest nations in the world.
08:49If you ever want to have your own video about the nations with the most gold, write it to me in the comments.
08:54Now it's your turn.
08:55Would you have expected this distribution?
08:57And what do you think?
08:58Is gold a sensible investment in these turbulent times?
09:02Do you own gold or are you considering buying some?
09:04Feel free to write it to me in the comments.
09:06I read every single one of them.
09:09If you enjoyed this video, please subscribe for free.
09:12My goal is to have 10,000 subscribers by the end of 2025.
09:1610,000 people I can support with financial education.
09:20Oh and one more thing.
09:21YouTube thinks you should watch these videos about the Gold and Silver Report.
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