Asia's $8T currency reserves spark gold rush

Business Nov 20, 2025

Asia's foreign-exchange reserves have soared to nearly $8 trillion in 2024, helping central banks handle a shaky dollar and trade tensions.
As currencies like the rupee and won hit lows, gold prices reached above $4,200 per ounce earlier this year.

Why does this matter?

Central banks across Asia are snapping up gold to keep their economies steady when the dollar gets unpredictable.
China led the charge, boosting its gold stash after months of buying.
Experts expect this trend to continue as countries look for safe bets in uncertain times.

What's fueling the move?

A weaker dollar and rising global risks have pushed Asian banks to pile into gold.
With more official buying expected, don't be surprised if gold keeps shining in 2025.