This is just one nation of many where we are seeing massive purchases of gold by citizens of those countries.
We have central banks no longer subsidizing the shortfall of yearly world mine supply against the huge world demand..World mine supply is probably now short in the vicinity of 1000 tons or more of gold per year...
Central banks are net buyers of gold which is tipping the supply/demand ratio way into the demand side of the equation.
How can Gold not go up in price?....wait, don't answer that...lol