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Central banks bought a record 289 tonnes of gold in Q2 2026, five times the Q1 figure, according to the WGC. Behind that lies a broader accumulation trend: 🇵🇱 Poland: +90t this year, moving toward its published 700t target. 🇨🇳 China: +80t this year, extending its buying streak to 22 consecutive months. 🇰🇷 South Korea: returning to gold purchases for the first time since 2013. 🇸🇬 Singapore: resumed buying in May after an eight-month pause. Different economies but the same direction: gold is taking on a more prominent role in strategic reserves.
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