Poland Plans Massive Gold Buy to Join Global Top 10

Source: Coindoo Original Title: Poland Plans Massive Gold Buy to Join Global Top 10 Original Link:

Poland is preparing to deepen its aggressive push into gold, with the National Bank of Poland giving the green light for another large round of bullion purchases that would significantly reshape the country’s reserve profile.

The central bank confirmed plans to acquire an additional 150 tons of gold. Once completed, the move would lift Poland into the top tier of global gold holders, placing it among the ten countries with the largest official bullion reserves worldwide.

Key Takeaways

• Poland approved a new 150-ton gold purchase, aiming to join the world’s top 10 gold-holding nations.
• The move follows heavy buying last year and highlights gold’s rising role in central bank reserves.
• Demand from central banks continues to underpin gold’s strong global rally.

At current market prices, the planned buying spree is valued at close to $23 billion. That figure alone exceeds the total gold holdings of several major economies, including Brazil and Mexico, underlining the scale of Poland’s ambitions.

From steady accumulation to strategic statement

Poland has quietly become the most active reported buyer of gold among central banks. Data submitted to the International Monetary Fund show that the country added roughly 100 tons in 2025, more than any other central bank that disclosed its purchases.

This acceleration is part of a broader global trend. Central bank demand has been one of the main forces behind gold’s sharp rally, with prices roughly doubling over the past year and a half. Buying activity intensified after 2022, when the freezing of Russia’s foreign-exchange reserves highlighted the vulnerability of assets held within the traditional financial system. Unlike foreign currencies or bonds, physical gold cannot be sanctioned or immobilized.

A higher ceiling for gold reserves

Poland’s ambitions do not stop with the latest approval. Central bank governor Adam Glapinski recently said he intends to seek approval to lift the bank’s gold cap to 700 tons, up from the roughly 550 tons held at the end of last year.

Until now, the National Bank of Poland has been permitted to allocate up to 30% of its total reserves to gold. While no specific timeline has been set for reaching the new target, the signal is clear: bullion is becoming a cornerstone of Poland’s long-term reserve strategy.

As central banks worldwide continue to rethink risk, sovereignty, and financial resilience, Poland’s expanding gold stockpile stands out as one of the most decisive bets on the metal’s enduring role in the global system.