Financial and Monetary Systems

Here's why so many central banks are buying gold

Bars of gold.

Central banks have been buying a lot more gold in recent months as they look for safe assets. Image: Unsplash/pokmer

Mimansa Verma
Reporter, Quartz
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Charts showing the world's gold purchases, in tons.
Central banks have purchased the most gold in 2022. Image: Quartz

Charts showing the top gold buyers in 2022
Turkey was the top gold buyer in 2022, buying 31.17 tons of gold. Image: Quartz
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Financial and Monetary SystemsEconomic Progress
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