The World Gold Council (WGC) has disclosed data on gold purchases by central banks and other financial institutions around the world, APA-Economics reports, citing the World Gold Council’s report.
The largest net gold buyer in 2025 was the National Bank of Poland – 67 tons.
According to the report, other major buyers include Kazakhstan (National Bank of Kazakhstan – ed.) with 40 tons, and Azerbaijan (State Oil Fund of the Republic of Azerbaijan, SOFAZ – ed.) with 38 tons.
According to SOFAZ, as of January 1, 2025, the Fund’s gold reserves amounted to 146.6 tons, while as of October 1, this figure had risen to 184.8 tons. In other words, SOFAZ increased its gold reserves by 38.2 tons over the past nine months.
