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World Gold Council: Central bank gold purchases rose 62% year-over-year to 289 tonnes, reaching a four-year high, while gold jewelry demand remained under pressure.

World Gold brief based on reporting by富途牛牛
Brief

Reported by 富途牛牛: “World Gold Council: Central bank gold purchases rose 62% year-over-year to 289 tonnes, reaching a four-year high, while gold jewelry demand remained under pressure.”. 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: 62%, 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. 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.

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 62%
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 publisher富途牛牛
Data on this topicGold price today by currency
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