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Gold is still 25% below its peak even as demand reaches $188B in Q3

By Andjela Radmilac

Central banks bought more gold in the third quarter of 2026 than consumers worldwide bought for jewelry. According to the World Gold Council's latest demand report, central banks and other official institutions acquired an estimated net 321 metric tons, while jewelry consumption came to 313 tons. In the same quarter a…

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Central bank

The public institution that manages a country's currency, money supply and benchmark interest rate, such as the Federal Reserve or the Reserve Bank of India.

Its decisions on rates and money supply move loan costs, currencies and markets for everyone in the economy.

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