Will the next World War be fought with gold? Here are the glaring statistics

China is draining Londons gold market, pressuring the dollar system. The worlds real currency war has begun. Macroeconomic strategist Luke Gromen warns China is using the dollars weak spot — the unallocated London gold market — to shift global power. Central banks bought record gold in 2024–25. The U.S. holds 8,133 tonnes. China officially 2,298 but likely 10,000–15,000 tonnes. Gromen says gold must reprice near $12,000 an ounce to restore trust as trade in yuan and gold quietly replaces the dollar.