A lot of gold hoarding going on around the world for the sake of "tradition". That's absolutely laughable Hahaha Lol...
Why the World’s Central Banks hold Gold – In their Own Words
https://www.bullionstar.com/blogs/ronan-manly/worlds-central-banks-hold-gold-words/
Top 10 Countries with Largest Gold Reserves
http://www.usfunds.com/investor-library/frank-talk/top-10-countries-with-largest-gold-reserves/#.XFzREM9Kh25
Central Banks Haven't Bought This Much Gold Since Nixon Closed the Gold Window
https://www.forbes.com/sites/greatspeculations/2019/02/04/central-banks-havent-bought-this-much-gold-since-nixon-closed-the-gold-window/#6dc112453c2d