March transactions were led by central banks who have been active recently.
The Central Bank of Turkey added the most gold during the month (14t), followed by the Reserve Bank of India and the People’s Bank of China.
**The 3t increase in gold reserves at the State Oil Fund of the Republic of Azerbaijan occurred over the period Jan-Mar 2024.
***This relates to an adjustment in reporting only gold with a purity of at least 995/1,000.
This does not affect the amount of gold held as Net Foreign Assets and reported under BOT’s Financial Statements.
March transactions were led by central banks who have been active recently.
Major buyers were all from emerging markets. The Central Bank of Turkey added the most gold during the month (14t), followed by the Reserve Bank of India and the People’s Bank of China.
**The 3t increase in gold reserves at the State Oil Fund of the Republic of Azerbaijan occurred over the period Jan-Mar 2024.
***This relates to an adjustment in reporting only gold with a purity of at least 995/1,000. This does not affect the amount of gold held as Net Foreign Assets and reported under BOT’s Financial Statements.
