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Gold Rally Supported By Sustained Central Bank Buying, Says ING

Summary by Bitcoin World
BitcoinWorld Gold Rally Supported by Sustained Central Bank Buying, Says ING Central bank demand continues to underpin the gold price rally, according to a recent analysis from ING, as official sector buying remains a key structural driver for the precious metal. Central Banks Remain a Pillar of Gold Demand ING’s report highlights that central banks have been consistently accumulating gold, diversifying reserves away from traditional currencies…

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Central banks bought significantly less gold in the first quarter, but a strong counter-movement followed in the second quarter.

·Berlin, Germany
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For years, central banks bought gold in huge quantities. At the beginning of 2026, demand collapsed surprisingly – what's going on?

The price of gold has recovered some land lately, but since late February it has fallen. That, however, seems to encourage central banks to continue their purchases of gold for their reserves, as the data from the first semester show.

·Argentina
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FXStreet broke the news on Monday, August 10, 2026.
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