Gold is hitting record highs, but the price itself is not the most interesting development. | The more consequential shift is structural: how gold is accessed, moved, and integrated into modern financial systems is changing faster than the metal's valuation. |
|
| | | | | Today's insights are presented by Golden Portfolio | | It happened this past September in a picturesque Colorado ski town… | | | | A meeting between the world's biggest gold buyer and the head of the World Gold Council. | The topic? | A new gold investment – coming soon to anyone with a bank account. | I'm talking about access to real gold – with the click of a button… | Without paying expensive storage fees. | Throughout gold's entire 5,000+ year history as the ultimate form of savings… | This kind of gold investment has never been possible before. | But now… as I discovered in Beaver Creek, Colorado… It's imminent. | Starting in 2026, millions of new gold investors will have a secure, convenient way to own gold | Think what it means for gold demand (and the gold price) as millions of regular people get access to gold to protect the value of their savings. | To prepare for this massive influx… | The world's largest private gold buyer is already taking delivery of two tonnes of gold a week… 58,332 Troy ounces… roughly $247,911,000… | Every. Single. Week. | That's over 100 tonnes a year – more than the Central Bank of China. | This is the biggest innovation in the history of gold investing – and the biggest event to impact the US dollar in over 54 years. | How do I know? Because I was in the room. | So, if you're disappointed you missed out on gold's rise… | See all details here >>> | | |
| |
| | |
| The headline figures regarding gold prices often obscure a more significant story unfolding beneath the surface. The real transformation in gold markets is not how high the metal trades, but how it moves through the financial system. | For decades, gold occupied a peculiar position in finance: ancient in function, static in form. Held in central bank vaults, refined into bars, transported in armored trucks. The metal was venerable because it was difficult to move. | But in late 2025, that architecture is quietly shifting. Gold is gaining not one mode of ownership but several, all operating simultaneously. The question investors should ask is not whether gold will rise or fall, but whether access itself is becoming the story that matters most. | Prices Consolidate at Historic Heights | Gold's move to record-adjacent levels reflects structural demand rather than speculative excess. Central-bank diversification, institutional allocation, and steady ETF inflows have helped the market absorb higher prices without meaningful retracement. | These inflows are, as Goldman Sachs notes, "sticky." What matters here is not the precise price level but its context. Gold remains historically expensive. Its stability at levels that seemed unthinkable a decade ago suggests the market has absorbed this price as legitimate. | | | | Tokenization Is Reducing Friction, Not Replacing Bars | The headline surrounding gold in recent weeks has focused on infrastructure change. In December 2025, DGLD®, a physically backed Swiss gold token, launched on the Layer-2 blockchain platform Base via Aerodrome. | This is a symptom of a broader expansion. The tokenized gold market reached $2.57 billion in capitalization by the third quarter of 2025. These tokens are not speculative derivative products; they are claims on audited, segregated physical gold. They exist because a genuine economic friction has materialized: the demand to hold gold outside traditional custodial relationships without sacrificing liquidity. | The critical insight is that tokenization does not eliminate the need for physical gold. It adds a layer. Beneath every digital token sits audited bullion in a secure vault. |
|
|  | | | Presented by Golden Portfolio | |
|
|
|
|
|
|
|
| Platform Gatekeepers Are Opening Doors | Perhaps more telling than tokenization is the emergence of "platform convergence." In mid-December, Bitget, a major cryptocurrency exchange, announced a private beta for a new feature called Bitget TradFi. For the first time, users can access gold, forex, and commodity contracts using USDT stablecoin as collateral. | Competitors including Kraken and Bybit are pursuing similar integrations. The effect is to democratize an asset class. A user who holds stablecoins can now hedge currency risk or diversify into precious metals without leaving a single platform or converting to fiat currency. | Physical Flows Are Shifting, Not Shrinking | The concern that digital access might cannibalize physical demand misreads the data. Swiss gold exports fell 15 percent in November 2025—but the decline reflects redistribution, not collapse: | India: Shipments plummeted due to price sensitivity. China: Exports climbed from 2 tons to 12 tons. United Kingdom: Reached 45 tons (gold flowing back from U.S. custody).
| This pattern suggests that physical gold is not disappearing but moving in response to macroeconomic conditions. |
|
| Conclusion | The Architecture of Ownership is evolving. Gold's role in portfolios is not being rewritten, but the mechanism of its use is changing rapidly. | The gold that sits in central bank vaults will remain there. But the investor seeking to take a gold position in December 2025 now has options that did not exist even two years ago. That expansion of access, more than any single price move, may prove to be the year's most significant development. |
|
| | How did you find today's briefing? | |
|
| | Written by Deniss Slinkins
Global Financial Journal |
|
|
|
Tidak ada komentar:
Posting Komentar