Central Banks Plan to Boost Gold Reserves to Highest Level Since 2019: WGC Survey

Published: Jun 18, 2025 16:07

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According to the World Gold Council's "Central Bank Gold Reserves Survey 2025" (CBGR), over 90% of the surveyed central banks indicated that they will continue to increase their gold reserves over the next 12 months. This proportion marks the highest since the survey's inception in 2019, representing a 17 percentage point increase from the 2024 results. The survey collected responses from 73 central banks worldwide, the highest number of participating central banks in the survey's history. The survey also found that nearly 43% of central banks plan to increase their gold reserves in the coming year. Despite gold prices repeatedly reaching new highs and global central banks having net purchased gold for 15 consecutive years, they continue to favour gold.

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