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World Gold Council: Global Central Banks Net Purchase 53 Tons of Gold in October, Achieving Highest Monthly Increase of the Year
Summary: According to the World Gold Council (WGC) data, global central banks purchased a net total of 53 tons of gold in October, marking a 36% increase from the previous month and the largest single-month increase so far in 2025. Emerging market central banks such as Poland, Brazil, and Uzbekistan have actively bought gold, highlighting gold's ...
According to the World Gold Council (WGC) data, global central banks purchased a net total of 53 tons of gold in October, marking a 36% increase from the previous month and the largest single-month increase so far in 2025. Emerging market central banks such as Poland, Brazil, and Uzbekistan have actively bought gold, highlighting gold's role as a strategic reserve asset. Official net purchases of gold have reached 254 tons since the beginning of the year, with Poland leading at 83 tons. WGC surveys indicate that 95% of central banks expect to continue increasing their gold holdings in the coming year.
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Link: World Gold Council: Global Central Banks Net Purchase 53 Tons of Gold in October, Achieving Highest Monthly Increase of the Year [Copy]
