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Central banks split over gold: Russia is selling, China is buying

World Gold brief based on reporting byEuronews.com
Brief

Reported by Euronews.com: “Central banks split over gold: Russia is selling, China is buying”. Gold settled at $4,031 an ounce on October 26, 2026 — $129.60 per gram, +0.58% on the day. The story touches Russia, China: we track local prices and customs flows for those.

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.

Transmission channels
  • official reserves
  • physical demand
  • currency confidence
  • long-term expectations
What to watch next
  • next reserve disclosure
  • net purchase volume
  • geographic breadth
  • reserve and import data: Russia, China
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 publisherEuronews.com
Data on this topicGold price and reserves in RussiaGold price and reserves in ChinaGold price today by currency
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