Some want to "(replenish positions)" and some want to "(lock in profits)", the attitudes of central banks around the world towards buying gold are diverging.

In recent years, the large-scale purchase of gold by central banks around the world has become an important force driving the continuous rise in international gold prices. Currently, the price of gold is still fluctuating around $4000 per ounce, while the attitudes of central banks towards gold purchases have quietly diverged - the Bank of Korea has given a signal of increasing gold reserves after many years, while officials at the Central Bank of the Philippines believe that selling excess gold should be considered. The latest data released by the People's Bank of China shows that as of the end of October, China's gold reserves were 74.09 million ounces, an increase of 30,000 ounces compared to the previous month, marking the 12th consecutive month of increasing gold reserves. Analysts say that this clear contrast between "replenishing positions" and "realizing profits" may seem contradictory but actually have the same origin: both are rational choices based on dynamic optimization of reserve assets, with the deeper logic being the global trend of diversification of reserve assets.