According to The Kobeissi Letter, China's gold reserves have reached a record high of $73.5 billion, while India's reserves hit an all-time high of $70.9 billion. This significant increase in reserves highlights a robust demand for gold in Asia, which is crucial for traders considering the impact on global gold markets. Both countries' reserves have seen substantial growth over the last decade, with India's reserves more than tripling and China also experiencing significant increases.