Central bank gold purchases surged sharply in the second quarter, reaching a record 289 tons after a sluggish start to the year. This rebound was driven primarily by significant buying from Poland and China, according to data from the World Gold Council reported by FX Street.
The increase marks a notable shift following a weak first quarter, as central banks appear to be bolstering their reserves amid ongoing global economic uncertainty. The data highlights a renewed appetite for gold as a strategic asset among major economies.
For Japanese investors, this trend underscores the growing importance of gold in central bank portfolios worldwide, which could influence market dynamics in FX and commodities sectors.