Central bank gold statistics: Central banks remain committed to gold

Goldorg ^ | 2 July 26 | Marissa Sale,

[delta7]

Central bank gold statistics: Central banks remain committed to gold PDF 0.24 mb

Central banks were back in buying mode in May – and with a little more spring in their step. Based on the latest reported data, official gold reserves increased by a net 41t during the month, with purchases once again concentrated among a familiar cast of buyers (Chart 1).

Much of the activity was driven by Poland (18t) and China (10t), with Uzbekistan and Kazakhstan also continuing their monthly net gold buying activity. Singapore also rejoined the list of buyers, reporting a net purchase of 4t, its first monthly net purchase since September 2025. Meanwhile, net sellers for the month were Turkey (3t) and Russia (6t) with y-t-d sales of 81t and 34t respectively.

Year-to-date, Poland has accumulated 64t of gold, followed by Uzbekistan and China at 33t and 25t respectively. Kazakhstan, a close fourth, has accumulated 20t y-t-d.

Despite the recent developments, central bankers remained positive on the role of gold in their reserves. As published in our ninth Central Bank Gold Reserves Survey 2026, 89% of central bankers expect global gold reserves to increase in the next 12 months. Meanwhile, a record high 45% of central bankers expect their own institution’s gold reserves to increase over the next 12 months (Chart 2).

Chart 2: A record high number of central bankers expect their gold reserves to increase

How do you expect your institution's gold reserves to change over the next 12 months?

The Bank of Korea readies allocation to gold ETF Gold gains traction within Latin American central banks...

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TOPICS:
KEYWORDS: gold

[delta7]

The world's largest Wealth, Central Banks, know something is coming. They aren't buying US Treasury debt notes, or Bitcoins, but Gold.

History has shown they are always the first to know, JSix Pack the last.

[LouAvul]

Speaking of which, Yo! POTUS Trump! Do we actually have any gold? After 12 years of lying, treasonous thieves in the White Shack, don’t take anything for granted!

[volare737]

Disappointed here that Trump promised to visit Ft Knox during the campaign ,,,,but we don’t hear anything about it anymore. I would think the Press would call him on that.

[wny]

Cashed in EE savings bonds 10-12 years ago or so...started buying gold & silver, average cost 1,400/oz for gold, $22 for silver

[allendale]

Prudent people realize that if the leftists once again seize power, the United States will become much less productive, will not be able to pay its debts and the dollar will decine in value. People will not want to work hard and be productive if their pay has very limited purchasing power. Gold and silver, despite recent declines are still the best hedge.

[Vermont Lt]

Did I hear that China was ceasing the trade of “paper gold” in Shanghai?

That will put some pressure on the physical market.

[DHerion]

why this obsession with gold?...Italy has the 3rd largest reserves and their economy is still poor...

[TexasGator]

AI Overview

Russia is rapidly selling its physical gold reserves on international markets to raise cash, generating over $4 billion during the first four months of 2026. The Bank of Russia sold 28 tonnes of bullion during this period, bringing total holdings to their lowest point since February 2022 to cover a growing wartime budget deficit.

https://www.google.com/search?q=russia+selling+gold+reserves

[kiryandil]

To put the misinformation about gold reserves in perspective, we have this:

United States: ~8,133.5 tonnes
Germany: ~3,352.3 tonnes
Italy: ~2,451.8 tonnes
France: ~2,436.9 tonnes
Russia: ~2,332.7 tonnes
China: ~2,298.5 tonnes
Switzerland: ~1,039.9 tonnes
India: ~880.0 tonnes
Japan: ~845.9 tonnes
Netherlands: ~612.5 tonnes

So, no, Russia didn’t sell off all its gold reserves.

[delta7]

So, no, Russia didn’t sell off all its gold reserves....

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...and I will add Russia and China have much much more than these figures report.

[TexasGator]

“...and I will add Russia and China have much much more than these figures report.”

You don’t know.