Central banks increase gold reserves by 244 tons amid price decline
Updated
Updated · Bloomberg · Apr 29
Central banks increase gold reserves by 244 tons amid price decline
14 articles · Updated · Bloomberg · Apr 29
Net official-sector gold purchases reached 244 tons in Q1 2026, up from 208 tons in the previous quarter, with Poland, Uzbekistan, and China leading reported acquisitions.
The surge marks the fastest pace of central bank gold buying in over a year, spurred by a notable slump in gold prices.
Undeclared purchases by some institutions contributed to the total, highlighting ongoing central bank interest in gold as a reserve asset despite market volatility.
Could central banks' gold buying spree trigger a new global financial order and challenge the US dollar's dominance?
What are the hidden risks if emerging economies’ central banks keep prioritizing gold over other reserve assets?
With gold prices surging and central banks accumulating, should individual investors follow suit or beware a potential bubble?
What might happen to global markets if central banks suddenly reverse their gold accumulation policies?
How might Poland’s ambitious gold accumulation strategy reshape its economic and geopolitical standing in Europe?
How will new entrants like Malaysia, Cambodia, and African nations influence the future dynamics of central bank gold demand?