Core Insights - Central banks worldwide showed strong demand for gold in October, with net purchases reaching 53 tons, a 36% month-over-month increase, marking the largest monthly net demand of the year [1] - The total net gold purchases by central banks for the year reached 254 tons as of October, indicating a slowdown compared to the previous three years, likely due to rising gold prices [3][6] - Emerging market central banks continue to purchase gold strategically, highlighting its importance amid ongoing macroeconomic uncertainties [3] Group 1: Central Bank Purchases - The National Bank of Poland was the most active buyer in October, purchasing 16 tons of gold, raising its reserves to 531 tons, which constitutes 26% of its total reserves [6][8] - The Central Bank of Brazil also increased its gold holdings by 16 tons in October, following a 15-ton purchase in September, bringing its total reserves to 161 tons, or 6% of total reserves [6] - Other notable purchases in October included the Central Bank of Uzbekistan (9 tons), Bank Indonesia (4 tons), and the Central Bank of Turkey (3 tons) [7] Group 2: Long-term Trends and Goals - The National Bank of Serbia aims to increase its gold reserves to at least 100 tons by 2030, nearly doubling its current reserves of 52 tons, emphasizing gold's strategic asset status [10] - Madagascar and South Korea expressed intentions to increase their gold reserves, although no specific timelines were provided [10] - A WGC survey indicated that 95% of respondents expect an increase in gold reserves among central banks over the next year [10]
全球黄金协会:各国央行10月份加大黄金购买力度
Jin Shi Shu Ju·2025-12-03 06:06