Global central banks made a massive purchase of 53 tons of gold in October, marking the highest monthly increase this year

According to the latest data released by the World Gold Council (WGC), global central banks made net purchases of 53 tons of gold in October 2025, the largest single-month increase so far this year, representing a 36% increase over the net purchases in September.

This significant gold buying spree by global central banks further confirms gold’s continued strategic importance in central bank reserve assets worldwide.

Data shows that central banks in emerging markets were the main drivers of this gold buying wave. In particular, the central banks of Poland, Brazil, and Uzbekistan were especially active, purchasing 16 tons, 16 tons, and 9 tons of gold respectively in October.

Looking at the full-year data, global central bank net gold purchases since the beginning of the year have reached 254 tons. Among them, Poland’s central bank leads all others with an increase of 83 tons.

The report also points out that as many as 95% of surveyed central banks expect to continue increasing their gold reserves over the next 12 months.

In summary, this trend reflects that, driven by global macroeconomic uncertainty, geopolitical risks, and the need for reserve asset diversification, gold—as the ultimate store of value free from sovereign credit risk—has not lost its appeal among central bank managers, but is instead growing ever more attractive.

#世界黄金协会 # Central Bank Gold Purchases