According to IMF's recent data, the status of gold as a store of value remains stable, with many central banks in emerging markets increasing their gold reserves in recent years.
IMF recently announced the changes in gold reserves for various countries in the month of 2. Central banks in several countries, including Kazakhstan, have increased their gold reserves. The data shows that the amount of gold added by Russia, India, and Turkey in recent years accounts for 60% of all central banks' gold purchases. However, the United States remains the largest holder of gold, holding more than 50% of the world's gold reserves.
Source: China Economic Net
