--- title: "Spot gold briefly fell by about $70, with reports that the Polish central bank intends to sell gold reserves to fund defense plans" type: "News" locale: "en" url: "https://longbridge.com/en/news/277945503.md" description: "Spot gold briefly fell by about $70, as the Governor of the National Bank of Poland proposed raising up to 48 billion zlotys (approximately $13 billion) by selling gold reserves to fund defense spending, receiving support from the Polish president. Governor Adam Glapinski outlined the proposal during a meeting with the president on Wednesday" datetime: "2026-03-05T13:35:32.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/277945503.md) - [en](https://longbridge.com/en/news/277945503.md) - [zh-HK](https://longbridge.com/zh-HK/news/277945503.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/277945503.md) | [繁體中文](https://longbridge.com/zh-HK/news/277945503.md) # Spot gold briefly fell by about $70, with reports that the Polish central bank intends to sell gold reserves to fund defense plans Spot gold briefly fell by about $70. According to informed sources, the Governor of the National Bank of Poland proposed a plan to raise up to 48 billion zlotys (approximately $13 billion) by selling gold reserves to fund defense spending, which has received support from the President of Poland. Governor Adam Glapinski outlined the proposal during a meeting with the President on Wednesday. Risk Warning and Disclaimer The market has risks, and investment should be cautious. This article does not constitute personal investment advice and does not take into account the specific investment goals, financial situation, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article are suitable for their specific circumstances. Investment based on this is at their own risk ### Related Stocks - [SPDR® Gold Shares (GLD.US)](https://longbridge.com/en/quote/GLD.US.md) - [ZHONGJIN GOLD (600489.CN)](https://longbridge.com/en/quote/600489.CN.md) - [E Fund Gold ETF (159934.CN)](https://longbridge.com/en/quote/159934.CN.md) - [Agnico Eagle Mines Limited (AEM.US)](https://longbridge.com/en/quote/AEM.US.md) - [Kinross Gold Corporation (KGC.US)](https://longbridge.com/en/quote/KGC.US.md) - [ChinaAMC Gold ETF (518850.CN)](https://longbridge.com/en/quote/518850.CN.md) - [Newmont Corporation (NEM.US)](https://longbridge.com/en/quote/NEM.US.md) ## Related News & Research - [LaFleur Minerals Posts Strong PEA for Swanson Gold as Beacon Mill Strategy Delivers Low-Capex Economics](https://longbridge.com/en/news/277652584.md) - [Is Gold on the Way to Another New High?](https://longbridge.com/en/news/277672063.md) - [ANALYSIS-German bonds slip from most favoured havens in safety dash](https://longbridge.com/en/news/277885182.md) - [ZAWYA-PRESSR: Sohar International and Sohar Islamic launch “Bold Steps. Golden Rewards.” campaign](https://longbridge.com/en/news/277613927.md) - [Advanced Energy Minerals Ltd (AEM) Gets a Buy from Ord Minnett](https://longbridge.com/en/news/277854478.md)