World Gold Council: Global central banks made net gold purchases of 53 tons in October, marking the highest monthly increase this year

ChainCatcher news, according to data from the World Gold Council (WGC), global central banks made net purchases of 53 tons of gold in October, a month-on-month increase of 36%, marking the largest single-month increase so far in 2025. Central banks in emerging markets such as Poland, Brazil, and Uzbekistan were particularly active in buying gold, highlighting gold's status as a strategic reserve asset. Since the beginning of the year, official net gold purchases have reached 254 tons, with Poland leading at 83 tons. WGC surveys show that 95% of central banks expect to continue increasing their gold holdings over the next year.