Global Central Banks Resume Gold Purchases in April With 17 Tons, China Adds 8 Tons for 18th Consecutive Month

According to the World Gold Council report released on June 4, global central banks resumed net purchases of gold in April, collectively adding 17 tons after net sales in March. China's central bank increased holdings by 8 tons, marking the largest single-month increase since December 2024, bringing total reserves to 2,322 tons and extending its streak to 18 consecutive months of purchases.

Poland led global purchases with 14 tons added in April, accumulating 45 tons year-to-date with total reserves reaching 595 tons. In contrast, Russia's central bank continued selling, offloading 6 tons in April for a fourth consecutive month of net sales, totaling 22 tons year-to-date.