Central Banks Buy Record Gold in May, Poland Leads

In May, central banks worldwide purchased 41 tonnes of gold, the largest monthly increase in reserves since November 2025. Poland topped the list with an 18‑tonne purchase, bringing its total annual acquisitions to 64 tonnes and raising its gold reserves to a record 6,114 tonnes. China added 10 tonnes, its biggest monthly purchase since December 2024, boosting official reserves to 2,331 tonnes and making gold about 9 % of its foreign‑exchange holdings – close to a historic high. Uzbekistan and Kazakhstan also bought 9 and 7 tonnes respectively. The trend shows a continued upward demand for gold among central banks.