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Central Banks ‘Scoop Up a Load’ of Gold in Bumpy First Quarter

By Bloomberg Markets April 29, 2026 Neutral
Central Banks ‘Scoop Up a Load’ of Gold in Bumpy First Quarter
Central banks added gold holdings at the fastest pace in more than a year in the first quarter, as a slump in prices encouraged a wave of buying that more than offset sales by a handful of institutions.
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Central banks added gold holdings at the fastest pace in more than a year in the first quarter, as a slump in prices encouraged a wave of buying that more than offset sales by a handful of institutions.