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Central Banks Bought A Record 289 Tonnes Of Gold As Prices Crashed

World Gold brief based on reporting byStartup Fortune
Brief

Reported by Startup Fortune: “Central Banks Bought A Record 289 Tonnes Of Gold As Prices Crashed”. Gold settled at $4,437 an ounce on August 14, 2026 — $142.66 per gram, +1.69% 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. Checked against our data: the trailing twelve-month high is $5,318 (January 29, 2026), so that day's settlement was not a record. The headline may refer to another market — spot, a local currency — or to an intraday print.

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 publisherStartup Fortune
Data on this topicGold price today by currency
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