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وكالة مدار نيوز
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وكالة مدار نيوز

2026-11-03T23:23:27.000Z

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Banks Add Gold Reserves

Banks Add Gold Reserves

Central banks took advantage of the decline in gold prices—which fell 29% from their peak to around $3,900 an ounce—to increase their purchases by 42% year on year in the third quarter, to 321.2 tonnes. China’s central bank led reported purchases with 63 tonnes, followed by Poland’s with 40 tonnes. The World Gold Council estimated that unreported purchases amounted to around 120 tonnes, or 37% of the total. Net central bank purchases since the start of the year reached 675 tonnes, and the Council expects purchases in 2026 to be at least on a par with the 848 tonnes recorded in 2025.

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