The Polish Central Bank has bought 13.7 tons of gold so far in 2018.
The Polish Central Bank has bought 13.7 tons of gold so far in 2018, bringing up the total Polish reserves to 116.7 tons. The Polish gold is worth around 4.6 billion dollars. The timing has been beneficial as the bank acquired the gold when prices of the commodity had been dropping for a while but have now bounced back up, as investors are becoming insecure about the stock market. The gold acquired in 2018 by the Polish Central Bank is now estimated to be worth 11 million dollars more than their original price.