Central Banks Stockpile Gold Reserves for Fourth Straight Month as China and Poland Drive Demand
Global central banks keep adding to their gold reserves for a fourth straight month.
Institutions netted 23 tonnes in July after acquiring 51 tonnes the prior month, according to Kitco, using data from central banks, the World Gold Council and the IMF.
China purchased 20 tonnes to reach 60 tonnes for the year while Poland added 8 tonnes and lifted its 2026 total to 90 tonnes.
Year-to-date central bank acquisitions stand at 130 tonnes, down slightly from 160 tonnes over the same stretch last year.
World Gold Council data shows emerging market institutions have accelerated accumulation in recent quarters amid concerns over sanctions and currency stability.
Central banks cite geopolitical risks and the need to diversify reserves away from traditional assets as key drivers behind sustained buying.
Follow us on X, Facebook and Telegram
Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
The post Central Banks Stockpile Gold Reserves for Fourth Straight Month as China and Poland Drive Demand appeared first on The Daily Hodl.
