Central Banks Bought Gold at Fastest Pace Since 2024, WGC Data Shows
World Gold Council said central bank buying rose as gold exchange-traded funds added 211 tonnes and jewellery demand fell 17% on higher prices.
- Central banks increased gold purchases to 321 tonnes in the third quarter, surpassing recent typical levels and bringing year-to-date buying to 675 tonnes, up 6 per cent year-on-year, according to the World Gold Council.
- Elevated prices weighed on global gold consumption, with jewellery demand falling 17 per cent year-on-year to 313 tonnes. This marked the weakest third-quarter jewellery demand in the WGC data series.
- Demand for bars and coins declined 19 per cent to 268 tonnes as investors awaited clearer price direction. Conversely, gold mine production rose 3 per cent to 1,071 tonnes, marking a third-quarter record.
- Gold exchange-traded funds added 211 tonnes during the third quarter, reversing prior outflows. The WGC attributed inflows to growing concerns over fiscal sustainability and inflation among investors.
- Cumulative gold demand reached 3,881 tonnes during the first nine months of 2026, nearly matching 2025 records. Year-to-date demand reached a record USD 566 billion, reflecting the impact of higher prices.
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In the third quarter of 2026 to September, central banks worldwide purchased 321 tons of gold, significantly higher than the average of the last five years, according to the quarterly report of the World Gold Council (WGC).
Reformatorisch Dagblad
Central banks purchased a net total of 321 tonnes of gold in the third quarter of 2026. This represents a 42 percent year-on-year increase and the largest quarterly amount since the last quarter of 2024, according to the gold industry organization World Gold Council (WGC).
Central Banks buy 321 tonnes of Gold in Q3, lifting 2026 demand to 675 tonnes: World Gold Council - The Tribune
Central banks increased their gold purchases to 321 tonnes in the third quarter of 2026, surpassing recent typical quarterly buying levels and taking their total purchases during the year so far to 675 tonnes, up 6 per cent year-on-year, according to the World Gold Council (WGC).
aninews.in
The Arabian Stories NewsCentral Banks buy 321 tonnes of Gold in Q3, lifting 2026 demand to 675 tonnes: World Gold Council
Central banks increased their gold purchases to 321 tonnes in the third quarter of 2026, surpassing recent typical quarterly buying levels and taking their total purchases during the year so far to 675 tonnes, up 6 per cent year-on-year, according to the World Gold Council (WGC).
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