Global marketsUpdated November 3

Central banks bought 321 tonnes of gold in Q3, up 42% year over year

The World Gold Council said central banks bought 321 tonnes of gold in Q3 2026, 42% more than in the same quarter a year earlier—the fastest pace since late 2024. The rise came while higher oil prices and interest rates were putting pressure on gold. Reports linked stronger demand to geopolitical risks and concerns about fiscal discipline: pressure on the metal, but faster buying from central banks.

3 publishers3 reports

Coverage started November 3