Central Banks on Pace for Record Gold Purchases in 2025

Twenty-three nations boosted reserves in the first half of the year, with annualized buying projected to reach 830 tonnes.

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Terms & Concepts
  • Gold Reserves: Holdings of gold maintained by central banks as part of their foreign exchange reserves.
  • Tonne: A metric unit of mass equal to 1,000 kilograms, commonly used to measure large quantities of commodities like gold.
  • Central Bank: A national financial institution that manages currency, monetary policy, and financial stability for its country.