WGC: Global Central Banks Add 17 Tonnes of Gold in April
Gold | 2026-06-04 05:51:43
The central bank gold demand continues to be driven primarily by Eastern European and Asian economies, the WGC report said.
By Paul Ploumis
SEATTLE (Scrap Monster): Global central banks reported net gold buying in April 2026, according to the latest Central Bank Gold Statistics report released by the World Gold Council (WGC). The net gold purchases totalled 17 tonnes during the month. It's important to note that the banks reported significant net sales in March this year.
The largest gold buyer was the National Bank of Poland, which added 14 tonnes of gold during the month, bringing its year-to-date purchases to 45 tonnes. The country’s total gold reserves now stand at 595 tonnes, accounting for approximately 30% of the country's total reserves.
RELATED NEWS:
WGC Report: Central Banks Sell 30 Tonnes of Gold in March; Turkey Leads
WGC Reports Record Q1 2026 Gold Demand as Investment Offsets Jewellery Slump
The People’s Bank of China also accelerated gold purchases, buying 8 tonnes in April. This marked the eighteenth consecutive month of gold purchases and also the largest monthly increase since December 2024. China's official gold holdings now stand at around 2,322 tonnes, representing 9% of its total reserves.
The Czech National Bank added 2 tonnes in April, marking its 38th consecutive month of gold purchases.
Meanwhile, Uzbekistan sold 1 tonne during the month. However, the country remained a net buyer during the year-to-date period, acquiring 24 tonnes. Also, the Central Bank of Russia reported net sales of 6 tonnes in April, marking the fourth consecutive month of sales. Year to date, the country has sold 22 tonnes.
The central bank gold demand continues to be driven primarily by Eastern European and Asian economies, the WGC report said.
POLL
Which country emerged as the largest central bank gold buyer in April 2026?
Frequently Asked Questions
- How much gold did central banks buy in April 2026?
Global central banks reported net purchases of 17 tonnes of gold during April 2026.
- How much gold did China purchase?
The People's Bank of China bought 8 tonnes of gold in April, marking its eighteenth consecutive month of purchases.
- Which central banks sold gold during the month?
Russia sold 6 tonnes and Uzbekistan sold 1 tonne of gold in April 2026.
