World Gold Council: Global central banks' net gold purchases totaled 220 tons in the third quarter, a 28% increase compared to the previous quarter.

The World Gold Council's "Global Gold Demand Trends Report for the Third Quarter of 2025," released on October 30, shows that despite gold prices being at record highs, global central banks have continued to accelerate their gold purchases in the third quarter. The net purchases totaled 220 tonnes, a 28% increase from the second quarter and a 10% increase compared to the same period last year. Overall, in the first three quarters of the year, global central banks purchased a total of 634 tonnes of gold, which is lower than the unusually high levels of the past three years but still significantly higher than the average level before 2022. Louise Street, a senior market analyst at the World Gold Council, said that in the third quarter of 2025, gold prices rose to the $4000 per ounce mark, highlighting the strong and enduring factors that continue to drive gold demand throughout the year. Increasing geopolitical tensions, persistent inflation pressures, and uncertainty in global trade policies have all fueled investors' demand for safe-haven assets as they seek to enhance the risk resilience of their investment portfolios.