World Gold Council: In April, the world's central bank gold reserves increased by a total of 12 tons and decreased by 12% month-on-month, and the growth rate of gold purchases slowed for the second month in a row

The Zhitong Finance App learned that according to data released by the World Gold Council, by the end of May, the People's Bank of China had gold reserves of 2,296.4 tons, an increase of 1.86 tons over the previous month, expanding gold reserves for seven consecutive months. In April 2025, the world's central bank gold reserves increased by a total of 12 tons, a decrease of 12% over the previous month, and the growth rate of gold purchases slowed for the second month in a row. The reason behind the slowdown in monthly gold purchases by central banks around the world may, to some extent, stem from the rapid rise in gold prices since the beginning of the year.