Central Banks Resume Gold Purchases
Data from the World Gold Council reveal that the gold market experienced a decline in inflows to gold exchange-traded funds (ETFs) in May 2026, with approximately $2 billion leaving these funds amid investors' profit-taking and market anticipation. Meanwhile, central banks resumed gold purchases, netting 19 tons in April. China continues to boost its reserves, which reached around 2,322 tons, reflecting ongoing use of gold as a means of diversifying reserves amid market volatility and geopolitical tensions.
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