Kathmandu. The price of gold has remained stable even during the war. The price of gold and silver has not decreased so quickly due to the strengthening of the US dollar. <\/p>\n
According to experts, the real driver behind this stability is the central banks of the world. China, in particular, has been rapidly and steadily increasing its gold reserves. Poland, a small European country, has also joined the race to buy gold aggressively. <\/p>\n
The demand from the central banks has provided a strong basis for the price of gold. This has helped the yellow metal maintain long-term support levels despite the current volatility. Central banks around the world bought 19 tonnes of gold in February, according to data from the Kobesi Letter. This is the 23rd consecutive month of net purchases. The total procurement so far this year has gone up to 25 tonnes after an additional 6 tonnes in January. <\/p>\n
The National Bank of Poland bought 20 tons of gold in February. With this, its total gold reserves have reached 570 tons. It now accounts for about 31 per cent of its total foreign exchange reserves. This reflects a strategic shift in gold as a reserve asset. Uzbekistan is also active. It has purchased 8 tonnes of gold and has taken its gold reserves to 407 tonnes. <\/p>\n
China’s gold purchases rose slightly to just 1 tonne in February. But now it has again accelerated the purchase. Updated data from the People’s Bank of China shows that it has recently purchased 5 tons of gold. That’s the biggest monthly purchase since February 2025. With this purchase, China has continued to buy its gold for 17 consecutive months. Its total gold reserves have reached 2,313 tons. That’s about 10 percent of its foreign exchange reserves. <\/p>\n
Analysts believe China’s continued buying is part of a broader strategy to distance itself from the US dollar and strengthen the yuan as a potential global reserve currency. Notably, even though gold prices fell 11.5% last month, this continued buying indicates that central banks are buying opportunisly during price corrections rather than reacting to short-term volatility. <\/p>\n
While most countries in the world are busy buying gold, a small country is selling the most gold. Turkey sold the most gold in February. Its central bank has slashed its gold reserves by more than 118 tonnes in recent months. That includes 69.1 tonnes sold last month. That’s the biggest in 2013. <\/p>\n
Major economies such as China and Poland continue to support gold prices, despite occasional sell-offs. This purchase has maintained the demand for gold even during the risk-off period. Experts say central bank demand will be a key driver for gold going forward, especially amid geopolitical tensions, currency fluctuations and inflation concerns. In this environment, gold is likely to remain strong and bullish. \u2014Agency<\/p>\n","protected":false},"excerpt":{"rendered":"
Kathmandu. The price of gold has remained stable even during the war. The price of gold and silver has not decreased so quickly due to the strengthening of the US dollar. According to experts, the real driver behind this stability is the central banks of the world. China, in particular, has been rapidly and steadily […]<\/p>\n","protected":false},"author":16,"featured_media":210699,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45044,45159],"tags":[],"class_list":["post-294619","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international-news-en","category-news-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/294619","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=294619"}],"version-history":[{"count":1,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/294619\/revisions"}],"predecessor-version":[{"id":294620,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/294619\/revisions\/294620"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/210699"}],"wp:attachment":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=294619"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=294619"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=294619"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}