Central Bankers Plan to Keep Accumulating Gold at Record Pace

According to a recent survey, central bankers intend to maintain their gold-buying spree. Over the past four years, global central bank gold reserves have increased by an average of 1,000 tonnes annually—double the 500-tonne yearly average seen in the prior decade.

This sustained accumulation reflects a strategic shift toward gold as a reserve asset, likely driven by geopolitical uncertainty and a desire to diversify away from dollar-denominated holdings. The survey indicates no signs of slowing, suggesting gold demand from official institutions will remain elevated.

The trend underscores gold's continued role as a safe-haven asset in central bank portfolios, with implications for global currency markets and bullion prices.