Central banks
Gold could hit record highs by 2028 as central banks ramp up buying: Report
World Gold brief based on reporting byThe Financial Express
Reported by The Financial Express: “Gold could hit record highs by 2028 as central banks ramp up buying: Report”. Gold settled at $4,181 an ounce on October 16, 2026 — $134.43 per gram, +0.26% on the day.
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
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.