The central banks of the world powers began to sell gold

Thu Apr 16 2026

The central banks of several countries have begun to actively reduce their gold reserves. This is reported by CNBC.

It is noted that in recent months, regulators of world powers have been switching from buying gold to selling amid liquidity problems due to the war in the Middle East. As experts explain, gold has fallen in price by about 12 percent compared to its January peak, entering a period of declining value.

According to the TV channel, the central Banks of developing countries are most actively selling the metal. In 2026, the most notable seller was Turkey, whose gold reserves decreased by 131 tons. Ghana became another seller. In addition, the possibility of implementation was considered by the Polish regulator.

Earlier, global gold and silver prices moved to a noticeable increase amid the escalation of the conflict in the Middle East. In early March, silver rose in price by 5.81 percent, to 89.43 dollars. Later, its price fell below $ 65 per troy ounce, which happened for the first time since February 5.

Source: https://www.oreanda-news.com