Core Viewpoint - Investors are becoming the dominant force in gold buying, overshadowing central banks and contributing to the ongoing rally in gold prices [1] Group 1: Investor Behavior - The shift in gold purchasing power from central banks to individual and institutional investors is significant, indicating a change in market dynamics [1] - Increased demand from investors is keeping the momentum alive for gold, which has seen historic price increases [1] Group 2: Market Impact - The ongoing rally in gold prices is being fueled by this shift in buying power, suggesting a robust market for the precious metal [1] - The involvement of investors is likely to sustain the upward trend in gold prices, as they continue to seek safe-haven assets amid economic uncertainties [1]

（原标题：阿塞拜疆国家石油基金为全球第三大黄金买家） 阿塞拜疆"Apa"网11月6日报道，世界黄金协会（WGC）数据显示，2025 年全球最大的黄金买家为波兰国家银行，购买量为67吨，其次为哈萨克斯坦国 家银行，购买量为40吨，第三为阿塞拜疆国家石油基金（SOFAZ），购买量为 38吨。 根据SOFAZ数据，2025年1月1日该基金拥有黄金储备146.6吨，截至10月1日增 至184.8吨。 ...