International News

WGC Report: Central bank gold statistics March 2025

Published

1 year ago

May 2, 2025

Central banks reported 17t of net buying in March via the IMF and other public data sources. Demand remains strong as the first quarter of the year ends: monthly gross purchases of 35t were offset by gross sales of 18t, with Uzbekistan reporting net sales of 11t.

March changes by country

Notably, National Bank of Poland was the largest reported net buyer this month (16t), followed by National Bank of Kazakhstan (11t) and People’s Bank of China (3t). Czech Republic (2t) and Turkey (1t) also added to their gold reserves in March. Central Bank of the Republic of Uzbekistan was the largest net seller (11t) for the month, followed by Singapore (5t) and Kyrgyzstan (2t)

Year-to-date changes by country

Poland is the largest reported net buyer in 2025 so far (49t) followed by Azerbaijan** (19t) and China (13t) over the same period. In the first quarter of 2025, Uzbekistan reported largest net sales (15t), followed by Singapore (5t), Kyrgyzstan (4t) and Russia (3t).

International News

Global Bullion Markets Experience Downturn As US Fed Keeps Interest Rates Unchanged

Market Analysts Anticipate Continued Volatility In Precious Metals As Traders Digest The Fed’s Stance On Monetary Policy and Its Implications For Future Rate Trajectories

Published

2 days ago

October 29, 2026

JewelBuzz Spread The Buzz

Global bullion markets experienced a downturn on Thursday as spot gold and silver prices each fell by nearly 1% following the U.S. Federal Reserve’s overnight decision to keep key interest rates unchanged. Domestic gold and silver prices in India are expected to reflect this global weakness throughout today’s trading session.

Parameter	Details
Gold (MCX) Futures	~₹1,43,600.00 – ₹1,43,724.00 per 10 grams
Silver (MCX) Futures	~₹1,94,450.00 per kg
Key Contract Benchmark	December 2026 Gold Futures are hovering near ₹1,42,324 – ₹1,43,700 levels.
Spot Gold	Down ~1%, struggling around $4,044/oz.
Spot Silver	Down ~1%, trading below $53.50/oz.
U.S. Fed Policy Rate	Unchanged at 3.75% – 4.00%.

In international markets, spot gold tumbled nearly 1% to trade near $4,044 per ounce, while spot silver dropped 1% to fall below $53.50 per ounce.

The market reaction follows the latest Federal Open Market Committee (FOMC) meeting, where policymakers voted to maintain the target range for the federal funds rate at 3.75% to 4.00% (3-3/4 to 4 percent).

In an official statement, the FOMC reaffirmed its commitment to supporting its dual mandate of maximum employment and price stability while continuing its policy of maintaining ample reserves within the banking system.

Market analysts anticipate continued volatility in precious metals as traders digest the Fed’s stance on monetary policy and its implications for future rate trajectories.