Monthly central bank statistics

Gold plays an important part in central banks’ reserves management, and they are significant holders of gold. This gold reserve data – compiled using IMF IFS statistics – tracks central banks’ reported purchases and sales along with gold as a percentage of their international reserves.

For more information see our Gold Demand Trends report.

Following net purchases in October, central banks returned to net selling in November as global official reserves decline by 6.5t during the month. At a country-level, Uzbekistan added another 8.4t to their gold reserves, while Qatar (3.1t), India (2.8t), Kazakhstan (1.7t), and Ukraine (0.6t) were the other notable countries that increased official gold reserves in November. But this was more than offset by gross sales. In Turkey, higher local demand increased trading between domestic commercial banks and the central banks resulting in a 20.9t reduction in its reserves. Mongolia was the other notable seller, reducing official gold reserves by 2.4t.

 

Quarterly official gold reserves

Data as of

Sources: Central Banks, ICE Benchmark Administration, International Monetary Fund, World Gold Council; Disclaimer

This chart was updated in December 2020 and reports data available at that time. Data are taken from the International Monetary Fund's International Financial Statistics (IFS), December 2020 edition, and other sources where applicable. IFS data are two months in arrears, so holdings are as of September 2020 for most countries, August 2020 or earlier for late reporters. Where the World Gold Council knows of movements that are not reported to the IMF or misprints, changes have been made

The percentage share held in gold of total foreign reserves is calculated by the World Gold Council. The value of gold holdings is calculated using the end of quarter LBMA Gold Price, which is published daily by ICE Benchmark Administration for the value of other reserves are taken from IFS, table ‘Total Reserves minus Gold’.

Length and frequency

Quarterly official gold holdings from 2000, as well as the latest available month-end data for the Top 100 holders.

Monthly and annual detailed changes in gold reserves from January 2002.

Annual sales by CBGA signatories from 1999.

Update Schedule

Monthly files are updated within the first 10 days of the month (with data two months in arrears). Quarterly data is updated a month after the end of the quarter.

Units

Holdings are given in tonnes, US$ value and % of total reserves. Changes in holdings are measured in tonnes.

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