Poland, India, and Turkey had the highest demand for gold in the second quarter of 2024, as their purchases of gold greatly outweighed sales. Uzbekistan's net purchases also amounted to over seven tonnes. Gold demand from central banks worldwide was record high in 2022 and remained similarly high in 2023 as well. As of 2023, the countries with the highest gold reserves were the United States, Germany, and Italy.
Demand from central banks in gold in 2nd quarter 2024, by country
(in tonnes)
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World Gold Council. (August 1, 2024). Demand from central banks in gold in 2nd quarter 2024, by country (in tonnes) [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/1465127/gold-demand-central-banks-by-country/
World Gold Council. "Demand from central banks in gold in 2nd quarter 2024, by country (in tonnes)." Chart. August 1, 2024. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/1465127/gold-demand-central-banks-by-country/
World Gold Council. (2024). Demand from central banks in gold in 2nd quarter 2024, by country (in tonnes). Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/1465127/gold-demand-central-banks-by-country/
World Gold Council. "Demand from Central Banks in Gold in 2nd Quarter 2024, by Country (in Tonnes)." Statista, Statista Inc., 1 Aug 2024, https://www.statista.com/statistics/1465127/gold-demand-central-banks-by-country/
World Gold Council, Demand from central banks in gold in 2nd quarter 2024, by country (in tonnes) Statista, https://www.statista.com/statistics/1465127/gold-demand-central-banks-by-country/ (last visited October 31, 2024)
Demand from central banks in gold in 2nd quarter 2024, by country (in tonnes) [Graph], World Gold Council, August 1, 2024. [Online]. Available: https://www.statista.com/statistics/1465127/gold-demand-central-banks-by-country/
