Central Banks Anticipate Increased Gold Purchases in Coming Year
A record percentage of central banks expect to increase their gold reserves in the next 12 months, with many viewing gold as the most important reserve asset. This trend indicates a continued strong demand for gold from central banks globally.
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Central banks plan to keep buying more gold. Here’s an interesting step they’re taking to store it safely.
While gold prices on Comex haven’t touched a record high since late January, a key reason for their climb back then to all-time intraday highs above $5,600 an ounce — namely, buying by global central banks — has proven to be resilient.
By Myra P. Saefong
Read full article →Central banks likely to increase gold buying in coming 12 months, WGC says
Read full article →Record Percentage Of Central Banks Expect Gold Reserves To Increase In Next 12 Months
Record Percentage Of Central Banks Expect Gold Reserves To Increase In Next 12 Months Today, the World Gold Council released their 2026 Central Bank Gold Reserves Survey. Amongst the insights, here is the punchline: a record 45% of respondents expect their own gold reserves will increase over the next 12 months Central banks have accumulated an average of 1,000t of gold over the past four years, up significantly from the 500t average over the preceding decade. This marked acc...
By Tyler Durden
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