Data: Spot gold breaks through $4,500 per ounce for the first time in history, and Russia's central bank reserves surge by 1,948 tons.

Mars Finance reports that spot gold has hit a historic high of $4,500 per ounce, reaching a peak of $4,525, with an increase of over 70% this year, potentially marking the best annual performance since 1979. In recent years, as countries seek to reduce dependence on the US dollar and hedge against geopolitical risks, central banks’ gold purchases have surged. According to Glonghui, from 2000 to 2024, Russia’s gold reserves have surged by 1,948 tons, ranking first, slightly surpassing China’s 1,885 tons. Other emerging economies are also rapidly accumulating gold, with India and Turkey increasing their reserves by 518 tons and 501 tons respectively. Other leading countries include Poland(345 tons), Kazakhstan(227 tons), Saudi Arabia(180 tons), and Thailand(161 tons).