Have Central Banks Broken Gold? | Presented by CME Group

This video explains why central banks are selling gold after a record buying spree. It argues that the selling is not a loss of faith but a tactical move to fund crises, while the structural bid from China and India remains. Gold's long-term role as a non-dollar hedge is still intact. - Central banks bought over 1,000 tons of gold annually since 2022 as a structural bet against the dollar. - Some central banks are now selling gold, but the long-term thesis has not changed. - Turkey, Russia, and Poland are selling gold to defend currencies or fund wars and defense. - Gold is considered the most liquid non-dollar asset for countries under pressure. - China and India continue to buy gold, maintaining the structural bid. - The selling signals that the crises central banks were hedging against are now real. - The video concludes that gold is not broken; it is working as designed.