Central Banks Bought 289 Tons of Gold in Q2, Surging 62%; High Prices Crushed Jewelry Demand, Down 17%
Reported by finance.biggo.com: “Central Banks Bought 289 Tons of Gold in Q2, Surging 62%; High Prices Crushed Jewelry Demand, Down 17%”. Gold settled at $4,100 an ounce on July 30, 2026 — $131.82 per gram, +1.58% on the day. The headline carries a figure: 289 Tons, 62%, 17% — quoted as published, not independently verified.
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. Thirty sessions later gold traded at $4,409 an ounce, +7.53% versus the date of the report. That is an observation about the market, not a consequence of one headline.
- official reserves
- physical demand
- currency confidence
- long-term expectations
- next reserve disclosure
- net purchase volume
- geographic breadth
- official confirmation of 289 Tons
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.