[World Gold Council: Driven by geopolitical risks, more central banks will increase gold holdings] Deep Tide TechFlow reports that on March 24, according to Jin10 Data, Shaokai Fan, Global Central Bank Director at the World Gold Council, stated on Tuesday that gold, as a tool to hedge against de-dollarization and geopolitical risks, is expected to prompt central banks that had previously been absent from the market to purchase this precious metal this year. He noted that in recent months, central banks in countries such as Guatemala, Indonesia, and Malaysia have started buying gold, either returning to the market after a long hiatus or purchasing gold for the first time. "In the past few months, some new central banks, or those that have been inactive or absent from the gold market for a long time, are entering the gold market. I believe this trend may continue until 2026," he added. He also mentioned that some central banks are purchasing gold from small-scale domestic producers to support local industries and prevent this gold from flowing to "informal participants." Additionally, he stated that during a round of gold sell-offs last October, central banks took the opportunity to increase their holdings, but it is still too early to determine whether a similar situation has occurred during this month's decline.