CommoditiesMedium•5 November 2026•
1 min read
Central Banks Surpass Jewelry Sector in Global Gold Demand During Q3
Key Facts
1Global central banks added 321.2 metric tons of gold to their reserves during the third quarter ending in September.
2Central bank purchases exceeded global jewelry demand, which totaled 312 tons during the same period.
Global central banks added 321.2 metric tons of gold to their reserves during the third quarter ending in September 2026. 24/7 Wall St. reported that these central bank purchases exceeded global jewelry demand, which totaled 312 tons during the same period, marking a notable shift in market dynamics.
The shift indicates a strategic move by monetary authorities to bolster reserves with safe-haven assets, outweighing traditional consumer retail demand. While strong institutional demand provides a solid floor for gold prices, the data confirms an ongoing trend rather than a sudden market shock.