Over the three months to September, central banks added 321.2 metric tons of gold to reserves, while jewelry buyers bought 312.9 tons, a gap that reversed the picture from a year earlier. The World Gold Council said central-bank purchases rose 42%, while jewelry demand fell 17% amid high prices. Gold-backed ETFs added 211.2 tons, lifting global holdings to a record 4,256 tons, which the council linked to concerns over fiscal sustainability and inflation. Central banks kept buying even though the 10-year TIPS yield was 2.64% and the 10-year Treasury yielded 4.9%, and the article notes only about 120 tons of central-bank buying was directly reported. Spot gold stood near $4,086, about 12.7% below its August high.
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Related tickers and likely impact
PAXG/USDT
▲ Likely positivePAX Gold
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $1.7B |
| Close on 11/04/2026 | 4,061.47 |
| Change that session | +2.92% |
XAUT/USDT
▲ Likely positiveTether Gold
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $3.1B |
| Close on 11/04/2026 | 4,050.62 |
| Change that session | +2.95% |
XAU/USD
▲ Likely positiveRelevance: medium
| Market | Gold |
|---|---|
| Close on 11/04/2026 | 4,060.57 |
| Change that session | +3.32% |
DXY
• NeutralRelevance: low
| Market | Currencies |
|---|---|
| Close on 11/04/2026 | 101.53 |
| Change that session | -0.33% |
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