Central banks bought 321 tonnes of gold in Q3 2026, above recent typical quarterly levels, lifting their year-to-date purchases to 675 tonnes, up 6% year-on-year, according to the World Gold Council (WGC). Overall gold demand fell 1% year-on-year to 1,369 tonnes in Q3, as high prices weighed on jewellery (down 17% to 313 tonnes) and bars and coins (down 19% to 268 tonnes). Gold ETFs reversed Q2 outflows with 211 tonnes of inflows, which the WGC linked to concerns over fiscal sustainability and inflation. On the supply side, mine production rose 3% to a Q3 record of 1,071 tonnes, while recycling fell 8% to 314 tonnes, its lowest level in three years. The WGC expects central bank buying to at least match 2025 levels.
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Related tickers and likely impact
XAU/USD
▲ Likely positiveRelevance: high
| Market | Gold |
|---|---|
| Close on 11/02/2026 | 3,946.68 |
| Change that session | +1.84% |
PAXG/USDT
▲ Likely positivePAX Gold
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $1.7B |
| Close on 11/02/2026 | 3,952.77 |
| Change that session | +1.07% |
XAUT/USDT
▲ Likely positiveTether Gold
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $3.1B |
| Close on 11/02/2026 | 3,938.98 |
| Change that session | +1.16% |
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Related news
- Central Banks buy 321 tonnes of Gold in Q3 , lifting 2026 demand to 675 tonnes : World Gold Council
According to the World Gold Council, central banks bought 321 tonnes of gold in Q3 2026, lifting their year-to-date purchases to 675 tonnes, up 6% year on year, and the WGC expects their buying to at least match 2025 levels. Gold ETFs added 211 tonnes after outflows in Q2, while bar and coin demand fell 19% to 268 tonnes and jewellery demand fell 17% to 313 tonnes amid high prices. Total Q3 gold demand fell 1% to 1,369 tonnes, but year-to-date value reached a record USD 566 billion. Mine production rose 3% to 1,071 tonnes, a third-quarter record, while recycling fell 8% to 314 tonnes, its lowest in three years.
- Central Banks buy 321 tonnes of Gold in Q3 , lifting 2026 demand to 675 tonnes : World Gold Council
Central banks bought 321 tonnes of gold in the third quarter of 2026, well above recent typical quarterly levels, bringing their year-to-date purchases to 675 tonnes, up 6% year-on-year, according to the World Gold Council (WGC). The WGC expects central bank buying to at least match 2025 levels. Total gold demand, including OTC investment, fell 1% to 1,369 tonnes in Q3, though year-to-date demand of 3,881 tonnes nearly matched the 2025 record of 3,884 tonnes, and reached a record USD 566 billion in value. Gold ETFs added 211 tonnes after outflows in Q2, while bar and coin demand fell 19% to 268 tonnes and jewellery demand dropped 17% to 313 tonnes, the weakest third-quarter level in the WGC's data series. Mine output rose 3% to a third-quarter record of 1,071 tonnes, but recycling fell 8% to 314 tonnes, its lowest in three years.
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