Central Banks Bought 23 Metric Tons of Gold in July
A survey of central banks found that 89 percent of respondents forecast global central bank gold reserves to rise over the year.
TL;DR
- Central banks worldwide purchased a net 23 metric tons of gold in July.
- China was the largest buyer, purchasing 20 metric tons.
- The People's Bank of China has significantly increased its gold purchases since May 2026.
- Poland was the second-largest buyer, acquiring 8 metric tons.
- Russia was the top net seller, selling 6 metric tons.
- Turkey, Uzbekistan, and Jordan each sold 1 metric ton.