Global Central Bank Gold Purchases Rise 10% Year-on-Year in Q3 2025
According to WGC, central banks' October 2025 gold acquisitions surged 36% month-on-month to 53 tons, marking the year's largest monthly increase amid sustained accumulation plans.
Summary
Global central banks bought a net 53 tons of gold in October 2025, a 36% month-on-month increase and the largest monthly gain so far that year, according to World Gold Council data. Poland led with 83 tons, while emerging markets such as Brazil and Uzbekistan also made significant purchases. Year-to-date official net gold buying reached 254 tons, with 95% of central banks intending further accumulation. This builds on the Q3 2025 trend, when purchases rose 10% year-on-year to 220 tons, with Kazakhstan leading additions to reserves.
Terms & Concepts
- Tonnes (metric tons): A unit of mass equal to 1,000 kilograms, commonly used to measure large quantities of commodities like gold.
- Year-on-Year (YoY): A comparison of a statistic for one period with the same period in the previous year, used to measure growth or decline over time.
- Central Bank Reserves: Assets, including gold and foreign currency, held by a nation's central bank to support its currency value and financial stability.