On Twitter: central banks bought a net 32t of gold in June
Based on available data, central banks bought a net 32t of gold in June 2021. While Brazil was by far the bigger buyer in the month, several other central banks were active.
Monetary Gold and Central Bank Capital
This paper looks at the vulnerabilities specific to central bank balance sheets and discusses how gold holdings can mitigate the risks posed. In particular, it focuses on the way gold holdings can affect the revaluation reserves that form part of central bank equity.
Healthy central bank demand continues in May
Following a higher level of monthly net purchases in March and April, our latest data published today shows that this trend continued into May.
Central bank gold buying gathers steam
As Krishan Gopaul’s blog post last week pointed out, central banks have been buying gold during the first four months of 2021. Over that period, we estimate that the official sector has added 150-200 tonnes of gold.
Introducing our Central Bank Dashboard
The World Gold Council is launching the Central Bank Dashboard, an innovative web-based tool that allows the comparison of central bank gold reserve holdings across regions, income levels, foreign exchange arrangement and other qualitative and quantitative indicators.
The Central Bank Dashboard provides users with the flexibility to visualise trends in gold and foreign exchange reserve holdings across a multitude of vantage points.
2021 Central Bank gold reserves survey
Central banks continue to be positive on gold, with roughly the same number of central banks expected to buy gold compared to last year.
How is central bank demand faring against our expectations?
We have written before about how, after a more inconsistent picture for central bank demand in the second half of 2020, our expectation was for continued net purchases in 2021 but at a more moderate pace than in previous record-setting years. So, how is that expectation holding up?
Central bank domestic gold purchase programmes
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