Central Banks Purchase 19 Tons of Gold in February, China Extends Buying Streak

2026-04-04 18:55

Central banks globally net purchased 19 metric tons of gold in February 2026, according to the World Gold Council's latest report. This marks an increase from January's 5 tons, though it remains below the 2025 monthly average of 26 tons. The data indicates a rebound in gold buying, reflecting central banks' ongoing confidence in gold as a reserve asset. China continued its gold accumulation for the 16th consecutive month, while the Czech Republic marked its 36th month of net purchases. Between November 2024 and February 2026, central banks collectively acquired 44 tons of gold, highlighting a sustained commitment to bolstering gold reserves.

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