---
title: "World Gold Council: More central banks directly purchase local gold"
description: "The World Gold Council stated that as global central banks develop a greater appetite for gold, more central banks are beginning to purchase gold directly from local mines using their local currencies"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/248788302.md"
published_at: "2025-07-16T11:56:28.000Z"
---

# World Gold Council: More central banks directly purchase local gold

> The World Gold Council stated that as global central banks develop a greater appetite for gold, more central banks are beginning to purchase gold directly from local mines using their local currencies. On the 15th, the U.S. Consumer News and Business Channel reported on the latest survey results from the World Gold Council, indicating that among the 36 central banks surveyed, 19 claimed to be purchasing gold directly from domestic artisanal and small-scale miners using their local currencies, while another four stated they are considering following this practice. Last year's survey results showed that among 57 surveyed central banks, approximately 14 claimed to source gold from domestic channels

The World Gold Council stated that as global central banks develop a greater appetite for gold, more central banks are beginning to purchase gold directly from local mines using their local currencies. On the 15th, the U.S. Consumer News and Business Channel reported on the latest survey results from the World Gold Council, indicating that among the 36 central banks surveyed, 19 claimed to be purchasing gold directly from domestic artisanal and small-scale miners using their local currencies, while another four stated they are considering following this practice. Last year's survey results showed that among 57 surveyed central banks, about 14 claimed to procure gold from domestic sources

### Related Stocks

- [07299.HK - FL2CSOPGOLD](https://longbridge.com/en/quote/07299.HK.md)
- [GLD.US - SPDR Gold Shares](https://longbridge.com/en/quote/GLD.US.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| Life After Goldmageddon – Boring Is The New Up | ChillingOur base case for gold, outlined recently, remains that the shiny metal needs to consolidate after the huge run- | [Link](https://longbridge.com/en/news/276062495.md) |
| Mali renews Barrick Mining's Loulo license for 10 more years | Mali's government has renewed Barrick Mining's Loulo gold mining permit for an additional 10 years. This decision follow | [Link](https://longbridge.com/en/news/275954724.md) |
| Exploring SSR Mining's Earnings Expectations | SSR Mining (NASDAQ:SSRM) is set to announce its quarterly earnings on February 17, 2026, with analysts predicting an EPS | [Link](https://longbridge.com/en/news/276071628.md) |
| Metis Global Partners LLC Grows Stock Holdings in Kinross Gold Corporation $KGC | Metis Global Partners LLC increased its stake in Kinross Gold Corporation (NYSE:KGC) by 222.1% in Q3, owning 150,485 sha | [Link](https://longbridge.com/en/news/275975918.md) |
| Envestnet Asset Management Inc. Increases Position in Franco-Nevada Corporation $FNV | Envestnet Asset Management Inc. increased its stake in Franco-Nevada Corporation by 17.3% in Q3, owning 93,991 shares va | [Link](https://longbridge.com/en/news/275971879.md) |

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.