Central banks stockpiling gold reinforces the case for hard assets. BTC’s “digital gold” narrative could benefit, but don’t chase in the short term—wait for confirmation of capital rotation. $BTC $ETH
Breaking: Global central banks bought over 321 tonnes of gold in the third quarter, the fifth-largest quarterly purchase on record
BlockBeats News, November 11: Global central banks bought over 321 tonnes of gold in the third quarter of 2026, the largest quarterly purchase since the fourth quarter of 2024 and the fifth-largest on record. Central bank gold purchases rose 8% from over 296 tonnes in the second quarter of 2026, and 453% from the first quarter of 2026. China and Poland led demand in the third quarter, adding over 63 tonnes and over 40 tonnes, respectively. So far this year, global central banks have bought over 675 tonnes of gold, up 6% from the same period in 2025.
Breaking: Global central banks bought over 321 tonnes of gold in the third quarter, the fifth-largest quarterly purchase on record
BlockBeats News, November 11: Global central banks bought over 321 tonnes of gold in the third quarter of 2026, the largest quarterly purchase since the fourth quarter of 2024 and the fifth-largest on record. Central bank gold purchases rose 8% from over 296 tonnes in the second quarter of 2026, and 453% from the first quarter of 2026. China and Poland led demand in the third quarter, adding over 63 tonnes and over 40 tonnes, respectively. So far this year, global central banks have bought over 675 tonnes of gold, up 6% from the same period in 2025.