Central Banks Bought 321 Tonnes of Gold in Q3 2026, Their Biggest Haul in Nearly Two Years
As seen on the 24/7 Wall St. homepage on November 11, 2026.
Sovereign buyers are absorbing 321 tonnes a quarter regardless of price, a bid that sits under gold, miners and precious-metals ETFs no matter what the Fed does next.
BREAKING: Global central banks bought +321 tonnes of gold in Q3 2026, their largest quarterly purchase since Q4 2024. This also marks their 5th-largest quarterly purchase on record. Central bank gold purchases were up +8% from +296 tonnes acquired in Q2 2026 and up +453% from https://t.co/tzZGYtb5do
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Central banks bought 321 tonnes of gold in the third quarter of 2026, their largest quarterly purchase since Q4 2024, according to The Kobeissi Letter.
That extends the buying streak from the 296 tonnes purchased in Q2 2026, marking consecutive quarters of sovereign accumulation.
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Sovereign institutions absorbing 321 tonnes in a single quarter provide a structural bid beneath the metal that exists independently of interest rate decisions or inflation data.
That floor matters for anything that moves with gold, including miners and precious metals funds, because the largest and most price-insensitive buyers in the world are setting records at this pace.