Central banks
Gold demand remains near record highs as central bank buying surges 42% – WGC
World Gold brief based on reporting byKitco
Reported by Kitco: “Gold demand remains near record highs as central bank buying surges 42% – WGC”. Gold settled at $3,970 an ounce on November 2, 2026 — $127.63 per gram, +1.81% on the day. The headline carries a figure: 42% — 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.
- official reserves
- physical demand
- currency confidence
- long-term expectations
- next reserve disclosure
- net purchase volume
- geographic breadth
- official confirmation of 42%
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.