Charted: 30 Years of Central Bank #Gold Demand

Globally, central banks bought a record 1,136 tonnes of gold in 2022. 

Nearly one-fifth of all the gold ever mined is held by central banks.

Besides investors and jewelry consumers, central banks are a major source of gold demand. In fact, in 2022, central banks snapped up gold at the fastest pace since 1967.

The record gold purchases of 2022 are in stark contrast to the 1990s and early 2000s, when central banks were net sellers of gold.

How has central bank gold demand changed over the last three decades?

See the whole piece on Visual Capitalist here: Charted: 30 Years of Central Bank Gold Demand