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The price of gold rose to staggering new highs in Q1, gaining nearly 20 percent during the period. Its strong performance has come on the back of global financial market uncertainty following Donald Trump’s inauguration as US president. His administration’s sweeping changes have created chaos and benefited gold. What happened…

Global central banks own about 17 percent of all the gold ever mined, with reserves topping 37,755 metric tons (MT) at the end of 2024. They acquired the vast majority after becoming net buyers of the metal in 2010. Central banks purchase gold for a number of reasons: to mitigate…