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Central Banks Bought 289 Tonnes of Gold Last Quarter. Prices Were Falling the Whole Time.

World Gold brief based on reporting byGoldSilver
Brief

Reported by GoldSilver: “Central Banks Bought 289 Tonnes of Gold Last Quarter. Prices Were Falling the Whole Time.”. Gold settled at $4,099 an ounce on July 31, 2026 — $131.77 per gram, -0.04% on the day. The headline carries a figure: 289 Tonnes — quoted as published, not independently verified.

Why it matters

Official-sector buying or selling changes physical demand and long-term market expectations. Persistent purchases can support the market, but do not guarantee an immediate price increase. The direction is consistent with that session's settlement: -0.04%.

Transmission channels
  • official reserves
  • physical demand
  • currency confidence
  • long-term expectations
What to watch next
  • next reserve disclosure
  • net purchase volume
  • geographic breadth
  • official confirmation of 289 Tonnes
Methodology and transparency

This World Gold brief is based on the headline and available metadata. We do not reproduce the publisher's article or add unverified details. The price on the date of the report is our own data: the daily COMEX futures settlement, converted to grams at 31.1035 g per troy ounce.

Read the full report at the original publisherGoldSilver
Data on this topicGold price today by currency
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