started · updated
China and Poland lead historic central bank gold accumulation
Central banks continue a significant trend of gold accumulation to bolster strategic independence and diversify reserves against geopolitical and economic instability. Between 2021 and 2026, China and Poland emerged as the dominant buyers, each increasing their holdings by over 400 tonnes.
In September 2026, net monthly purchases by central banks reached 63 tonnes. China reported its largest monthly increase in three years during September, adding approximately 23 tonnes to its reserves. Poland has also intensified its activity, with its National Bank purchasing roughly 98 tonnes since the beginning of 2026, moving closer to a 700-tonne target.
Other notable accumulators include India, which added 204 tonnes during the 2021–2026 period, followed by Turkey, Uzbekistan, and Brazil. Conversely, some nations have moved in the opposite direction; Russia reported net gold sales of six tonnes in August 2026, contributing to a total of 56 tonnes sold since the start of the year.
Entities
Central Bank of China · London Bullion Market Association · National Bank of Poland · World Gold Council
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 3 SOURCES] Central banks worldwide were net purchasers of 39 tonnes of gold in August 2026. www.presse-board.de · www.presseradar.de
- [○ 1 SOURCE] China increased its gold reserves by approximately 23 tonnes (740,000 fine ounces) in September 2026. www.presseradar.de
- [○ 1 SOURCE] Poland's National Bank purchased approximately 8 tonnes of gold in August 2026, bringing its year-to-date purchases to around 98 tonnes. www.presse-board.de
- [○ 1 SOURCE] India accumulated 204 tonnes of gold between 2021 and 2026.
- [○ 1 SOURCE] Russia reported net gold sales of six tonnes in August 2026, totaling 56 tonnes of sales since the start of the year. www.presse-board.de
- [○ 1 SOURCE] Between 2021 and 2026, China and Poland each increased their gold reserves by more than 400 tonnes.
- [○ 1 SOURCE] The Czech Republic's gold purchases from January to August 2026 exceeded its total for the previous year.
- [○ 1 SOURCE] Net monthly gold purchases by central banks reached 63 tonnes in September 2026.