04-03-2026

- According to the latest report from the World Gold Council, central bank gold purchases moderated slightly in January 2026.

- Net purchases in January totaled approximately 5 tonnes, compared to an average of approximately 27 tonnes per month in 2025. This means the year started off a bit slow.

04-03-2026

🟢 Countries Buying Gold

- Central Bank of Uzbekistan – approximately 9 tons

- Bank Negara Malaysia – approximately 3 tons

- Czech National Bank – approximately 2 tons

- Bank Indonesia – approximately 2 tons

- People`s Bank of China – approximately 1 ton

- National Bank of Serbia – approximately 1 ton

04-03-2026

🔴 Countries Selling Gold

- Bank of Russia – sold approximately 9 tons

- National Bank of Kazakhstan – slight reduction

- Bulgarian National Bank – sold 2 tons

- National Bank of the Kyrgyz Republic – slight reduction

04-03-2026

👉🏻 Purchases were lower in January, but this does not indicate long-term weakness. Many countries still seek to increase their foreign exchange reserves. The pace of purchases has slowed slightly, but central banks` interest in gold remains intact.