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World Gold Council: Gold demand near record levels, central banks buy 321 tonnes, ETFs boom

World Gold brief based on reporting byShanghai Metals Market
Brief

Reported by Shanghai Metals Market: “World Gold Council: Gold demand near record levels, central banks buy 321 tonnes, ETFs boom”. Gold settled at $4,073 an ounce on November 4, 2026 — $130.95 per gram, +3.37% on the day. The headline carries a figure: 321 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.

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 321 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 publisherShanghai Metals Market
Data on this topicGold price today by currency
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