World Gold Council Reports 289 Tonnes Central Bank Gold Purchases Q2 2026
Net buying reached $47.38 billion with Poland and China leading amid price decline; continuation volumes after July not detailed.
The World Gold Council reported central banks recorded net gold purchases of 289 tonnes in Q2 2026, equivalent to $47.38 billion, representing a 411% quarter-over-quarter increase. First-half 2026 purchases reached 345 tonnes overall.
Buyer Details
Poland acquired 51 tonnes and China 33 tonnes during the quarter. The People’s Bank of China added nearly 20 tonnes in July. Buying occurred while gold prices fell roughly 14% from January highs. Exact continuation volumes for July and August remain unstated in the data.