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MarketsDünyaTurkish, translatedFiled 2 days ago

Record gold purchases from central banks: 2026 forecast raised

Original headlineMerkez bankalarından rekor altın alımı: 2026 tahmini yükseltildi

Open the sourceReported by Dünya, dunya.com, 5 November 2026
Impact 55 of 100, routine

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Central banks purchased 321 metric tons of gold in the third quarter, up 42% year-over-year, according to World Gold Council data, prompting the industry body to raise its 2026 forecast. The record buying underscores sustained official-sector demand as a pillar of the gold market. The WGC flagged the Federal Reserve's interest-rate policy and broader global developments as likely determinants of gold's price trajectory. Investors will watch upcoming Fed decisions and quarterly reserve data for signs of whether central-bank demand persists at this pace.

Muhabbit's AI wrote this summary in its own words from Dünya's report and translated it from Turkish. It can get details wrong, so check the source.

Named in this story

World Gold Council, Federal Reserve