World Gold Council: Central Banks Add Net 19 Tonnes of Gold in February 2026

Global central banks were net buyers of 19 tonnes of gold in February 2026, according to the World Gold Council, accelerating from 5 tonnes in January but still below the 2025 monthly average of 26 tonnes. The report highlighted continued buying streaks among several institutions. The Czech Republic has recorded net gold purchases for 36 consecutive months, while China has increased its gold reserves for 16 straight months. On price outlook, Goldman Sachs expects gold could climb to $5,400 per ounce by year-end. UBS sees a target of $5,900 per ounce by early 2027.