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Central banks are buying more gold than expected, and purchases will increase further through 2026 – Goldman Sachs

Central banks are buying more gold than expected, and purchases will increase further through 2026 – Goldman Sachs
Market News May 21, 2026

Central banks are buying more gold than expected, and purchases will increase further through 2026 – Goldman Sachs

Central banks are buying more gold than expected, and purchases will increase further through 2026 – Goldman Sachs

Central banks are buying more gold than expected, and purchases will increase further through 2026 – Goldman Sachs

(Kitco News) – Central bank gold purchases have come in stronger than previous estimates so far in 2026, and updated projections have sovereign demand rising further in the second half of the year, according to commodity strategists at Goldman Sachs. Goldman Sachs analysts announced on Friday that they have revised their central bank gold demand model to account for gaps in official trade data.

Read More: https://www.kitco.com/news/article/2026-05-19/central-banks-are-buying-more-gold-expected-and-purchases-will-increase