Gold Rush: Asian Markets Snatch Up 70% of Global Physical Investment Gold

Global gold reserves are shifting away from Western markets towards Asia in a trend known as 'gold relocation.'

The Netherlands and France have recently transported their gold reserves out of the United States, while India has shipped its gold back to the homeland from the US and UK.

In contrast, Hong Kong, China, and Singapore are ramping up infrastructure to become Asia's new gold trading hub. Data shows that Asian markets have purchased nearly 70% of the world's physical investment gold.

According to Wang Hongying, Dean of the China (Hong Kong) Financial Derivatives Investment Research Institute, the eastward shift of gold trading is a real trend driven by geopolitical conflicts and declining trust in the international financial system.