Comment by rsanek

For those seeking a more level-headed view, the Fed reports on foreign-owned gold monthly. Going back a couple of decades:

  Month       Book value ($M)  Tonnes
  July 2006   8,967            6,606
  July 2011   8,412            6,197
  July 2016   7,883            5,807
  July 2021   7,794            5,742
  July 2026   7,812            5,755

The linked report is talking about a change of 1.5% from the latest-reported total amount in tonnes.