[World Gold Council: Global Central Banks Net Purchase 53 Tons of Gold in October, Highest Monthly Increase This Year] According to data from the World Gold Council (WGC), global central banks net purchased 53 tons of gold in October, a month-on-month increase of 36%, marking the largest monthly increase so far in 2025. Central banks in emerging markets such as Poland, Brazil, and Uzbekistan were active in gold purchases, highlighting gold's role as a strategic reserve. Year-to-date official net gold purchases have reached 254 tons, with Poland leading at 83 tons. WGC surveys show that 95% of central banks expect to continue increasing their gold holdings in the coming year.