According to The Kobeissi Letter, gold demand in Asia is reaching unprecedented levels, with China's gold reserves hitting a record $73.5 billion last month and India's reserves reaching a historic high of $70.9 billion. This trend contributes to a global surge in gold demand, which increased by 24% year-over-year in 2024, reaching a record $382 billion. This indicates a strong bullish sentiment in the gold markets, which could influence trading strategies focused on commodities.

According to The Kobeissi Letter, China's gold reserves have reached a record $73.5 billion, while India's reserves have risen to $70.9 billion, marking an all-time high for both countries. This surge in reserves is part of a broader trend, with global gold demand increasing by 24% year-over-year in 2024, reaching a new peak of $382 billion. These developments indicate a robust demand for gold in Asian markets, which could influence trading strategies by highlighting the potential for increased gold prices and investor interest in the commodity.