World Gold Council: Global Central Banks Net Purchased 53 Tons of Gold in October, Marking the Highest Monthly Increment of the Year

By: theblockbeats.news|2025/12/03 16:45:59

BlockBeats News, December 3rd, according to the World Gold Council (WGC) data, global central banks net purchased 53 tons of gold in October, a 36% increase from the previous month, marking the largest monthly increase since 2025. Emerging market central banks such as Poland, Brazil, and Uzbekistan actively purchased gold, highlighting gold's role as a strategic reserve asset. Official net gold purchases year-to-date have reached 254 tons, with Poland leading at 83 tons. WGC surveys show that 95% of central banks expect to continue increasing their gold holdings in the next year.

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