Gold Purchases by Global Central Banks Skyrocket 575%, Surpassing $4,600,000,000 in Just One Month

Gold Purchases by Global Central Banks Skyrocket 575%, Surpassing $4,600,000,000 in Just One Month

Global central banks just recorded a massive month-on-month increase in their gold purchases. According to the World Gold Council, global central banks purchased 27 tons of gold worth just over $4.6 trillion in February. That’s a 575% increase from the four tons that the reserve banks bought in January. “Just two months into the year, central banks have bought 31t, a pace much slower than the same period last year (50t).” Gold is trading at $4,833 at time of writing. Poland’s central bank was the largest buyer of gold among the global reserve banks, purchasing about 74% of the gold reserve banks bought in February. “Central banks bought a net 27t in February, with activity driven by Poland (20t), a marked rebound after a lull in January. Uzbekistan entered its fifth consecutive month of net buying (8t), followed by Kazakhstan (8t), Czech Republic (2t), Malaysia (2t), China (1t) and Cambo

Source: https://dailyhodl.com/2026/04/17/gold-purchases-by-global-central-banks-skyrocket-575-surpassing-4600000000-in-just-one-month/