Why it matters
Central-bank buying can affect global gold demand and prices, with potential knock-on effects for investors and businesses that buy or sell gold. The supplied reports do not quantify any effect on U.S. prices or markets.
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Central banks accelerated gold purchases in the third quarter, reaching their fastest pace since late 2024, according to the World Gold Council. Purchases also exceeded the five-year quarterly average.
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Central-bank buying can affect global gold demand and prices, with potential knock-on effects for investors and businesses that buy or sell gold. The supplied reports do not quantify any effect on U.S. prices or markets.