07 Oct 2025 | 3 Mins Read
Central banks buying gold despite rising cost
Flipitmoney
Global central banks added a net 15 tonnes to gold reserves in August, with the National Bank of Kazakhstan as the largest buyer. The Reserve Bank of India did not purchase gold for the second month in a row, buying a total of 3.8 tonnes in the first eight months of 2025. Gold now forms 13.6% of RBI's forex reserves, up from 9.3% a year ago.