Central banks bought net 44t of gold in November
Reported global central bank gold reserves, via the IMF and publicly available sources, rose by a net 44t in November. Gross purchases (60t) heavily outweighed gross sales (15t) as central bank demand maintained its momentum.
Central banks’ summer of buying continues into October
Central banks’ gold buying slowed in October but did nothing to alter the overall trend of robust buying that has captured the attention of gold investors. Reported global net purchases totalled 42 tonnes (t) during the month, 41% lower than September’s revised total of 72t, but still 23% above the January-September monthly average of 34t.
Unearthed: Why are central banks stocking up on gold?
Unearthed: Lori Heinel, State Street Global Advisors’ Global Chief investment Officer, opens with macroeconomics
Join the World Gold Council’s market strategists for episode one of The Unearthed Podcast - with Lori Heinel, State Street Global Advisors’ Global Chief investment Officer. Together, we’ll unearth golden insights spanning macroeconomics, investment and consumer trends, geopolitics, technology, trust, supply chains and more.
Central banks bought 77t in September
- Reported global central bank gold reserves, via the IMF and publicly available sources, rose by a net 77t in September
- Gross sales (1t) were dwarfed by gross purchases (78t), highlighting the strength of buying
Central bank demand still sizzling in August
Central banks collectively increased their gold reserves in August for the third consecutive month. They reported adding 77t to global official reserves during the month, a 38% up-tick from July’s buying. Recent buying has reinforced our confidence that the long-term trend of healthy central bank demand remains in place.
Central bank gold buying remains hot in July
Having reported a return to net buying in June, the latest data shows global central banks continued to add to their gold reserves in July. Central banks reported healthy net purchases of 55t during the month.
Central banks return to net buying in June
Reported net purchases from central banks totalled 55t, the first month of sizeable global net buying since February.
As in recent months, activity from the Central Bank of Türkiye (CBRT) was pivotal to the global total.
Latest research
Looking for insight and analysis on gold? Our team of experts produce market-leading research and macroeconomic commentary on gold.
