Global central banks purchased 321 tonnes of gold in Q3, marking a new quarterly high in nearly two years

As reported by TechFlow on November 11, citing The Kobeissi Letter, global central banks' net gold purchases in Q3 2026 reached 321 tonnes, the largest quarterly purchase since Q4 2024 and the fifth-highest on record. This figure rose about 8% from 296 tonnes in Q2 and about 453% from the low base in Q1; the quarterly average over the past five years was about 227 tonnes. China and Poland led in Q3, adding 63 tonnes and 40 tonnes, respectively. Year to date, global central banks have accumulated 675 tonnes of gold, up about 6% from the same period in 2025. The account commented that central banks are 'actively buying gold on dips'.

Source: TechFlow