According to The Kobeissi Letter, developed market central banks have experienced a $600 billion, or 90%, increase in the value of their gold holdings, reaching a record $1.3 trillion since 2022, as reported on May 5, 2025. Simultaneously, emerging market central banks have doubled the value of their gold reserves to new highs. These significant gains in gold holdings underline a robust bullish trend, encouraging traders to closely monitor central bank activity and gold price movements for potential trading opportunities and risk management strategies (source: The Kobeissi Letter, Twitter).

According to @KobeissiLetter, gold is trading as though we are experiencing a depression, with its value increasing by over 620% in the last 20 years, outperforming the S&P 500 which gained 580%. Over the past nine months, gold has surged over $1,000 per ounce, indicating a strong bullish trend. This positions gold as a key asset for traders seeking stability amidst volatile markets.