China's central bank added 20 tons of gold in August, extending its consecutive monthly purchases to 22 months. The People's Bank of China has now accumulated 80 tons of gold year-to-date, bringing its total official stockpile to approximately 2,387 tons, which represents roughly 9% of its total reserves, according to the World Gold Council.
Global central banks reported 39 tons of net gold purchases in August and 170 tons for the year so far, indicating sustained international demand for the precious metal.
Poland emerged as the leading gold buyer among central banks year-to-date, adding 8 tons in August for a 2026 total of 98 tons. The country's gold holdings now stand at 648 tons as it works toward a 700-ton reserve target.
Other significant purchasers include Uzbekistan and Kazakhstan. Uzbekistan bought 8 tons in August, bringing its year-to-date purchases to 50 tons and raising gold to approximately 90% of its reserves. Kazakhstan purchased 7 tons during the month, with year-to-date acquisitions reaching 36 tons and representing about 79% of its total reserves.
The Czech National Bank added 2 tons in August, while Turkey resumed purchases with 3 tons after a three-month period of net sales.
Russia and Jordan moved in the opposite direction. Russia sold 6 tons in August, while the Central Bank of Jordan sold 3 tons during the same period.
