Loading ...Central banks’ gold buying momentum carries into 2026
After surging to an all-time peak of nearly $5,600 an ounce earlier this year, gold has come under immense pressure in recent weeks as elevated energy prices from the ongoing Middle East war sparked fears of global inflation and reduced expectations of lower interest rates — a scenario that hurts the safe-haven metal.
At the same time, official-sector demand remains resilient in the first few months, according to the World Gold Council, which forecasts central banks to purchase roughly 850 tonnes of gold in 2026 — almost the same as last year.
Based on WGC data, analysts at investing research platform BestBrokers compiled the top buyers of gold in 2025: (Chart)
https://www.mining.com/central-banks-gold-buying-momentum-carries-into-2026/?
They always trot out this tortured stupid ass explanation…people want yield of 4% when inflation is 10%…bullshit. It’s the selloff before the blastoff….reporters are just parrots now…no original thougth. How did gold do in the Stagflation period of the 70’s which is what we have now. I’m sure it was awful.