Central banks that have increased the gold reserves like crazy in the last 5 years have been announced.

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Lerato Khumalo

Gold has played an important role in human history, and is widely used as a value of value storage and means of change. Today, in addition to its brightness and use in jewels, precious metal is considered a safe port, that is, it is a good investment in turbulent times. Gold is also considered as a protection against inflation and depreciation of the currency, as it is independent of a particular exporter or governments.

Who gets more gold?

Central banks are the largest holders of gold. Central Banks tend to diversify their reserves and buy gold to improve their perception of power unit power in their goal of supporting currencies at turbulent times. High gold reserves can be the source of confidence in the payment power of a country.

According to the World Golden Council data, the central banks added 1,136 tons of gold worth about 70 billion dollars to their reserves in 2022. This was also the largest annual purchase in the records at that time. It continued in the following years.

So, especially in the last 5 years, which are the most gold purchases of gold?

1. The Central Bank of Poland (NBP)

In 2024, he took 90 tons and 49 tons of gold in the first quarter of 2025.
Gold reserves reached 497 tons and made up 21 %of the total reserves.