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Central Banks Buy $47,377,203,440 of Gold In Three Months As JPMorgan Chase Forecasts Nearly 30% Price Increase

The Daily Hodl·August 28, 2026·1 min read
Central Banks Buy $47,377,203,440 of Gold In Three Months As JPMorgan Chase Forecasts Nearly 30% Price Increase

Central banks bought a record 288.9 tonnes of gold in Q2 2026 during a price decline, led by Poland and China. Buying continued into July, supporting a later rally. JPMorgan Chase forecasts nearly 30% price increase, with total purchases reaching $47,377,203,440 in three months.

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