#CentralBanksBuyMoreGold

Central banks continue to buy gold. Although the trend is slowing, it remains strong!
✨In 2025, central banks worldwide purchased a net 863 tons of gold (Gold Council data).
While this figure is below the previous 3-year record of 1,000+ tons (-21% decrease), it is still well above the 2010-2021 average (473 tons) and is recorded as the 4th largest annual purchase historically.
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Purchases accelerated again in Q4: 230 tons (+6% quarterly increase)
Poland, Kazakhstan, and Brazil stood out among the most active buyers
The People's Bank of China (PBOC) continued its purchase series for 15 consecutive months → added another +40,000 oz in January 2026, bringing the total value of its gold reserves to ≈$369.6 billion
Despite high gold prices (record after record in 2025), official sector demand remained resilient
📋2026 expectation:
Institutions like JPMorgan foresee central purchases of around 800 tons
Price forecast is quite ambitious: a year-end level of $6,300/oz is being discussed
Geopolitical risks, the need for dollar diversification, and the search for safe havens will continue to support purchases
While central banks strengthen their reserves with gold, it continues to attract the attention of individual investors. This trend seems almost certain to remain one of the main market supports in 2026. How much longer do you think the gold rally will last? Share your thoughts in the comments!