From The Tribune
Center Owned by The Tribune TrustCentral Banks buy 321 tonnes of Gold in Q3, lifting 2026 demand to 675 tonnes: World Gold Council
What's behind this
Indians are holding onto gold in their lockers, hoping for a better price, which contributes to an expected drop in domestic gold demand to a six‑year low of about 650 tonnes in 2026, according to the World Gold Council. Meanwhile, central banks bought 321 tonnes of gold in the third quarter of 2026, lifting total global demand for the year to 675 tonnes, a 6 percent year‑on‑year increase.
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center · 1 outlet
Central banks increased their gold purchases to 321 tonnes in the third quarter of 2026, surpassing recent typical quarterly buying levels and taking their total purchases during the year so far to 675 tonnes, up 6 per cent year-on-year, according to the World Gold Council (WGC).
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right · 1 outlet
Hike in import duty leads to 50 tonnes being smuggled, while demand recovery is likely in the December quarter on softer prices, festive buying and extended wedding season
RSS excerpt
Central banks increased their gold purchases to 321 tonnes in the third quarter of 2026, surpassing recent typical quarterly buying levels and taking their total purchases during the year so far to 675 tonnes, up 6 per cent year-on-year, according to the World Gold Council (WGC).
