Part 2/10:
The World Gold Council's report for the first quarter of 2025 revealed a striking 226 tons of inflows into global gold ETFs, marking the highest demand in three years. Central banks similarly showed robust purchasing habits, acquiring 244 tons of gold, while investment in gold bars and coins reached 325 tons. This unprecedented demand, according to Fenick, can be traced back in part to geopolitical events, particularly the conflict involving Russia that began in February 2022. This situation has created a climate of uncertainty, prompting countries to seek the stability that gold offers.