Goldman Sachs estimates central banks bought 79 tonnes of gold in August, led by China
Reported by investingLive: “Goldman Sachs estimates central banks bought 79 tonnes of gold in August, led by China”. Gold settled at $4,160 an ounce on October 19, 2026 — $133.75 per gram, -0.50% on the day. The headline carries a figure: 79 tonnes — quoted as published, not independently verified. The story touches China: we track local prices and customs flows for those.
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 79 tonnes
- reserve and import data: China
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.