BREAKING: Global central banks acquired +39 tonnes of gold in August, marking their 5th consecutive monthly purchase.

This follows +23 tonnes in July and +52 tonnes in June.

China again led demand, adding +20 tonnes and bringing its year-to-date purchases to +80 tonnes.

China’s official gold reserves have now risen to a record 2,387 tonnes, or 9% of its total FX reserves.

Furthermore, Poland bought +8 tonnes, lifting its year-to-date purchases to +98 tonnes and total gold reserves to a record 648 tonnes.

So far in 2026, central banks have acquired +170 tonnes of gold.

Central banks continue to aggressively accumulate gold