Money For the Rest of Us · Wednesday, September 9, 2026
Gold experienced a significant rally in 2025 and early 2026, hitting a record high. This surge was attributed to increased buying by central banks, which are holding fewer dollars in reserves, and a strong inflow of investment from ETFs and individual investors seeking safety.
“Gold's price had a really strong run last year. It hit a record early this year, late January of $5,400 an ounce. Since then, it's soared 19%. But in August, it gained 15%.”
“What was this period? The author's study looked at what percent of overall central bank reserves are held in the dollar. Back in 2000, it was well over 90%. Now, it's in the high 80s. So the dollar's percentage is less. But they're still substantial.”
“Now, if gold rallies, it's not just going to be central banks buying more gold. It's going to be investors. Households, institutional investors, individual investors buying gold. They did in spades in 2025.”
“Gold made a huge move in 2025 up into the first part of January 2026. It hit a record high. 800 tons worth of gold was bought by ETFs according to the World Gold Council. As investors fled into gold.”