Global central banks purchased a net 41 tons of gold in May! Poland remains the largest buyer, and the sharp drop in gold prices has not changed the trend of reserve accumulation.

Despite the consecutive months of adjustment in the international gold price, global central banks are still firmly increasing their gold holdings. A report released by the World Gold Council on Thursday showed that in May 2026, global central banks' official gold reserves increased by a net of 41 tons, rebounding from April. The purchasing power is still concentrated in emerging market economies such as Poland, China, Uzbekistan, and Kazakhstan.