Central banks across the globe signal a surge in gold demand, with 45% of 74 surveyed institutions announcing plans to buy bullion this year. The data, released by the World Gold Council, marks the highest share of buying intent since 2018 and follows a record‑breaking rally that has recently softened.

Only one central bank indicated a reduction in holdings, underscoring a broad consensus that gold remains a key reserve asset. The survey reflects continued confidence amid geopolitical tensions and inflationary pressures that have driven investors toward safe‑haven assets during recent market volatility.

Gold prices have hovered near record highs, with the metal trading above $2,000 per ounce after a brief pullback. Central bank buying signals that demand side support is likely to persist, providing a cushion for bullion as equity markets wrestle with uncertainty over monetary policy tightening.

Investors eye central bank actions as a barometer for gold’s risk‑offset role. The current trend suggests that bullion will continue to attract reserve purchases, reinforcing its status as a hedge against currency erosion and geopolitical risk, and keeping demand steadier than in past cycles.