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Poland Boosts Gold Reserves: NBP Purchases More Bullion

Poland’s central bank has increased its gold reserves to 451.3 tons, aiming for 20% of total reserves.

The National Bank of Poland (NBP) has expanded its gold reserves by 100,000 ounces (approximately 3.1 tons), bringing the total holdings to 451.3 tons. According to the latest NBP data, this purchase follows a pause in December 2024 and continues the bank’s strategic accumulation of gold.

Strengthening Poland’s Financial Security

“In 2024, the central bank purchased over 89.5 tons of gold, increasing its share in reserves to more than 17.6%,” the NBP stated. The ultimate goal is for gold to constitute 20% of Poland’s foreign currency reserves. This move reflects a broader global trend where central banks are shifting toward gold to enhance financial security amid economic uncertainties.

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