March 2025 saw central banks around the world continue their gold buying trend, with net additions of 17 tonnes.
While countries purchased 35 tonnes in total, this was partially offset by 18 tonnes in sales.
Poland emerged as the month’s biggest buyer, adding 16 tonnes to its reserves, with Kazakhstan and China also making significant purchases.
For 2025’s first quarter, Poland dominates buying with 49 tonnes added, while Uzbekistan has been the most active seller, reducing holdings by 15 tonnes.