Central Bank Gold Holdings
DEMAND to buy gold among central banks is a key part of the bullion market.
Which countries are buying the most gold for their reserves?
![Top 10 central bank gold buyers over the last three years Top 10 central bank gold buyers over the last three years](https://www.bullionvault.com/gold-news/sites/default/files/24-06-07_cb_data_top_10_3_yrs.png#overlay-context=infographics/central-bank-gold-biggest-smallest-change)
Why do central banks buy and hold so much gold?
Who is buying the most gold among central banks and why?
#3. India
#2. China
#1. Russia
What about the top 4 gold-owning central banks?