US investors are beginning to sell off their gold holdings, including bullion and coins, after a significant price increase over the past two years. This trend indicates a growing confidence in the US economy and a willingness to realize profits. In contrast, Asian investors are actively increasing their purchases of gold, particularly in the form of bullion and coins, reflecting a different outlook on economic stability and a preference for gold as a safe-haven asset amidst geopolitical tensions.

The demand for gold in the US has decreased significantly, with sales of American Eagle coins dropping over 70% year-on-year. This decline is attributed to a surplus of gold products in the market, leading to reduced premiums and even fees for sellers. Meanwhile, Asian markets, particularly China, have seen a 12% increase in gold demand, driven by concerns over currency depreciation and a lack of alternative investment options. This divergence in market behavior highlights contrasting economic sentiments between the US and Asia.