专家谈央行连续14个月增持黄金

Core Viewpoint - The central bank has increased its gold reserves for 14 consecutive months, holding 74.15 million ounces as of December 2025, indicating a long-term bullish outlook on gold prices despite short-term volatility [1] Group 1: Central Bank Actions - As of December 2025, the central bank's gold holdings increased by 30,000 ounces from the previous month [1] - The continuous increase in gold reserves since November 2024 reflects a strategic shift towards gold as a stable asset [1] Group 2: Economic Insights - The global financial crisis of 2008 prompted a reevaluation of reliance on a single currency, accelerating the "de-dollarization" trend [1] - The emergence of cryptocurrencies post-2008 highlighted the risks of private currency issuance, leading to ongoing discussions about digital currencies [1] Group 3: Gold as an Asset - Gold is viewed as a natural form of currency that can hedge against inflation and geopolitical risks, especially in light of irresponsible macroeconomic policies by certain nations [1] - The current low allocation of gold in both central bank and private investment portfolios suggests potential for price increases, as other asset classes have seen significant appreciation [1]