According to the June 3 announcement by the World Gold Council (WGC), an international organization in the gold industry, the net buying and selling of gold by global central banks in April 2026 reversed from the previous month's large net selling, turning into a net buying of 17 tons.

The National Bank of Poland purchased 14 tons of gold in April, maintaining its position as the world's largest buyer. The bank's gold reserves reached 595 tons, accounting for 30% of the country's official total reserve assets. Poland made a cumulative net purchase of 45 tons of gold year-to-date.

According to the official website of the People's Bank of China, as of the end of April, China's gold reserves increased by 260,000 ounces (approximately 8.09 tons) from the previous month, reaching 74.64 million ounces (approximately 2321.56 tons), marking 18 consecutive months of increase. According to the WGC, the People's Bank of China's gold purchases in April alone were the second largest since December 2024.

Globally, gold purchases by central banks in Eastern Europe and Asia remained strong, serving as the main drivers of global gold purchases. Over the past 36 months, central banks in Eastern Europe increased their gold holdings by an average of 12 tons per month, and central banks in Asia by 11 tons per month. The total net purchase by central banks worldwide during the same period was 29 tons per month.

In a survey conducted by the WGC among global central banks in 2025, 95% of respondents expected global gold reserves to increase over the next 12 months, and 43% of respondents stated that their own country's gold reserves would increase. Both of these percentages significantly increased from the previous year. (Provided by/CGTN Japanese)