Central Banks Increase Gold Holdings and Plan to Reduce US Treasury Exposure

Central banks globally have doubled gold purchases to an annual average of 1,000 tons, with 74% indicating plans to cut their US Treasury holdings over the next five years. The World Gold Council's 2026 survey shows 89% of central bankers expect global gold reserves to rise, and a record 45% anticipate their own institutions' gold reserves to increase in the next 12 months.