Central Banks’ Gold Purchases Net Positive in August as China Leads the Way
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4 Articles
CryptoTendence Central banks bought 39 tons net of gold in August, with China, Uzbekistan and Poland among the main buyers.The entry Central banks bought gold in large quantities during August was first published in CryptoTendence.
The world is playing the 'biggest game of gold'! Banks buy 39 tons of gold together, what is finally going to happen 'in the world'? London Journal | The Voice of London
The central banks of the world have been steadily increasing their gold reserves and this trend continued in August as well. Total net gold purchases by central banks stood at 39 tonnes in August. China led the buying and increased its gold reserves for the 22nd month in a row. Poland and Uzbekistan are also […]
Central Banks Buy 39 Tonnes of Gold in August as China
Central banks continued to strengthen their gold reserves in August, reporting net purchases of 39 tonnes led by China, Uzbekistan and Poland. Reported purchases reached 170 tonnes in the first eight months of 2026, according to the World Gold Council’s update published on October 6.
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