In Gold We Trust
@IGWTreport
ยท
22h
๐ฆ๐ฅ The freezing of Russian reserves in 2022 changed the central banking world forever.
Before the ๐ท๐บ invasion of Ukraine, central banks had already returned as consistent gold buyers:
โจ๏ธ From 2010 to early 2022, quarterly purchases averaged 118 tonnes.
โ ๏ธ But once sanctions weaponized FX reserves?
Average quarterly gold purchases surged to 255 tonnes, which is more than double the pre-invasion pace. ๐
Perhaps, even more striking, every single quarter since the invasion has recorded net purchases ABOVE the pre-2022 average. Not one exception. ๐ฏ
๐ A clear line in the sand emerged as central banks increasingly realized that sovereign reserves held in foreign currencies are not necessarily politically neutral assets.
As a result:
โ๏ธ Gold has re-emerged as strategic monetary collateral
๐ก๏ธ Reserve diversification has accelerated
โ๏ธ Monetary sovereignty has become a priority again
This is not merely a cyclical increase in demand. Definitely, a structural re-monetization of gold is unfolding in real time. โ๏ธ

