World Gold Council – Central Bank Gold Statistics | Central Banks Ramp Up Gold Buying in October

The report focuses on central bank gold buying activity in October 2025.

Central banks bought a net 53 tonnes of gold in October, marking a 36% increase month-on-month and the largest monthly net demand year-to-date. Key buyers include the National Bank of Poland and the Central Bank of Brazil, among others. Year-to-date net purchases total 254 tonnes, reflecting strategic gold accumulation amid macroeconomic uncertainty, especially by emerging-market central banks.