The World Gold Council reports that central banks added a net 321 tonnes to reserves in Q3 2026, up 42% from a year earlier. Purchases for the first nine months reached 675 tonnes. The report identifies diversification and risk management as important drivers. Total gold demand was slightly lower year on year, showing that strength in one buyer segment can coexist with weakness elsewhere.
Perspective
The composition of demand matters alongside the headline total. Official-sector activity and private investment can follow different motivations.
Source & attribution
World Gold Council · 3 November 2026
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This is an original summary of third-party reporting. The perspective paragraph is editorial interpretation. Source organizations are not represented as LME partners or endorsers. Forecasts reflect their publication date and may change.
World Gold Council · 3 November 2026
Read the original source ↗
This is an original summary of third-party reporting. The perspective paragraph is editorial interpretation. Source organizations are not represented as LME partners or endorsers. Forecasts reflect their publication date and may change.