Global central banks’ gold appetite at record high: World Gold Council

More central banks than ever before plan to boost their gold holdings over the next 12 months, the World Gold Council said Tuesday. The council released its Central Bank Gold Reserves Survey 2026 on Tuesday, which found that 89 percent of surveyed central banks expect global central bank gold reserves to increase over the next 12 months.

Of the surveyed banks, 83 percent believe that gold’s share of total reserves will tick up further in five years, a notable rise from last year’s 76 percent. The survey also revealed a new trend, showing that central banks in many countries are continuously adjusting their gold storage locations.