www.economica.net/febra-aurului-achizitiile-bancil

Central banks increased gold purchases significantly in Q3 2026, accumulating 321 tons, the highest growth rate since late 2024. Despite rising oil prices and interest rates, total purchases for the first nine months reached 675 tons, slightly above 2025 levels. The data indicates that central banks continue to support gold prices amid market volatility. Major purchases were made by China and Poland, while Russia sold 19 tons. Jewelry demand fell by 17%, the lowest since 2000, influenced by tax changes and high inflation in key markets. Gold prices faced challenges due to rising energy costs and inflationary pressures.