The Headline Sounds Scary — But Let’s Slow Down When I first saw the number — an 82% drop in central bank gold demand compared to the 2025 monthly average — I knew exactly how this would be framed. “Gold demand cooling.” “Momentum fading.” “Central banks pulling back.” But here’s the thing: context matters. In January, central banks purchased 5 tonnes of gold, compared to a 2025 monthly average of 27 tonnes. That’s a slowdown, no question. But markets don’t move on one month of data — they move on trends. And the long-term trend hasn’t changed. Since 2022, central banks around the world have been accumulating gold at one of the fastest paces in modern history. A single lighter…
Continue reading as a Citizen
Dedollarize News is free to read for signed-up members. Become a Citizen to finish this article, save what matters, and get the weekly briefing.
No credit card required. Cancel any time.
