金价这么高，到底谁在买？网友：“买黄金没有技巧，全靠买得早”！

Group 1 - Central banks are major buyers of gold, with China's central bank increasing reserves to 2,298 tons over ten consecutive months, alongside purchases from Russia, Turkey, and Poland, driven by a desire for de-dollarization [3][5][10] - Young consumers are increasingly purchasing small amounts of gold, with a 26.77% year-on-year increase in gold bar and coin consumption in China in the first half of 2025, reflecting a shift in investment strategy towards tangible assets [5][6] - Middle-class individuals, referred to as "Chinese aunties," are selling gold jewelry acquired in previous years to fund their children's home purchases, demonstrating a savvy approach to asset management [8][10] Group 2 - High-net-worth individuals are using gold as a means of asset protection, opting for discreet purchases through banks to isolate their wealth from market volatility [10][12] - Speculative traders are engaging in gold trading through ETFs, with a significant inflow of 46.4 billion yuan in the second quarter, indicating a trend towards short-term trading strategies [12][16] - Traditional gold jewelry remains in demand despite high prices, driven by cultural factors such as wedding customs, with consumers adapting to price changes by opting for lighter designs [14][16]