Poland and China Dominate Gold Reserves Purchases

Central banks around the world continued to accumulate gold reserves in June 2026. The largest buyers during this period were Poland and China, according to data from the World Gold Council (WGC). In total, central banks purchased 51 tonnes of gold in June, with Poland adding 19 tonnes to its reserves.

China was a close second, increasing its holdings by 15 tonnes. Other notable buyers included Uzbekistan, which acquired nine tonnes, and Kazakhstan with seven tonnes.

However, not all countries were expanding their gold reserves. Russia reduced its reserves by nine tonnes in June, while Turkey sold two tonnes of gold during the same period.