Central bank gold reserves surge amid global uncertainty, survey reveals

Central banks have accumulated more than 1 000 t of gold in each of the last three years, up significantly from the 400 t to 500 t average over the preceding decade, according to the World Gold Council’s (WGC’s) ‘2025 Central Bank Gold Reserves’ (CBGR) survey, conducted between February 25 and May 20. The WGC stated on June 17 that this marked increase in the rate of gold accumulation had taken place amid an environment of heightened geopolitical and economic uncertainty. This uncertainty had complicated the outlook for reserve managers and investors.

Jun 17, 2025 - 17:05
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Central bank gold reserves surge amid global uncertainty, survey reveals
Central banks have accumulated more than 1 000 t of gold in each of the last three years, up significantly from the 400 t to 500 t average over the preceding decade, according to the World Gold Council’s (WGC’s) ‘2025 Central Bank Gold Reserves’ (CBGR) survey, conducted between February 25 and May 20. The WGC stated on June 17 that this marked increase in the rate of gold accumulation had taken place amid an environment of heightened geopolitical and economic uncertainty. This uncertainty had complicated the outlook for reserve managers and investors.