World Gold Council: Global central banks reduced gold purchases in April 2025. According to the new report of the World Gold Council, many banks banned the purchase in April due to gold prices reaching a record high. Will this affect gold prices appear in the coming months? Last month, central banks from all over the world made a net purchase of 12 tonnes of gold. Gold purchases are 12% less than in March. This figure is also far below the average of the last 12 months (28 tons).
Poland took 12 tonnes of gold
However, despite the decline, some countries have still shown great interest in gold. Poland’s Central Bank (NBP) bought 12 tonnes of gold in April alone, making it the largest buyer ever in 2025. After this purchase, Poland has 509 tonnes of gold reserves, now more than 507 tonnes of European Central Bank (ECB).
Gold price will decrease due to decrease in demand
Experts believe that central banks consider gold to be a safe and reliable investment, especially when the dollar conditions are unstable or increase economic risk globally. This is the reason why many banks are investing in gold despite high prices. The expert also said that if there is a slight softening of prices, then shopping in markets like China, Turkas and India can reverberate. Gold is still playing an important role in the global economy. Therefore, the eyes of the central banks are still on this precious metal.