How many gold reserves does Turkey have? Remarkable change in August

The World Gold Council (WGC) published the gold reserve data of central banks for August.

Accordingly, net gold purchases by global central banks increased compared to the previous month and reached 39 tons.

The total net gold purchase reported in the first eight months of 2026 was 170 tons.

While China, Poland, Uzbekistan and Kazakhstan stood out among the countries that increased their reserves in August, Türkiye started buying again after a three-month sales period. Russia, on the other hand, continued its gold sales.

CBRT BOUGHT GOLD AGAIN AFTER 3 MONTHS

The Central Bank of the Republic of Türkiye (CBRT) made purchases again in August after net gold sales in May, June and July.

CBRT added 3 tons of gold to its reserves during the month.

On the other hand, Turkey's net gold sales in 2026 are at 82 tons.

WGC data shows that most of Turkey's gold sales during the year occurred in the first quarter.

CHINA BOUGHT 20 TONS OF GOLD IN AUGUST

The country that bought the most gold in August was China with 20 tons.

Thus, the Central Bank of China extended its uninterrupted gold purchasing streak to 22 months.

China's official gold reserve, which has added a total of 80 tons of gold to its reserves since the beginning of the year, increased to 2 thousand 387 tons. The share of gold in the country's total reserves reached 9 percent.

POLAND IS THE BIGGEST BUYER OF THE YEAR

In 2026, the central bank that bought the most gold was Poland.

The Central Bank of Poland added 8 more tons of gold to its reserves in August, increasing its total purchases since the beginning of the year to 98 tons.

The country's total gold reserves reached 648 tons.

UZBEKISTAN AND KAZAKHSTAN ALSO INCREASED THEIR RESERVES

Other prominent central banks in August included Uzbekistan, Kazakhstan and the Czech Republic.

The Central Bank of Uzbekistan purchased 8 tons of gold during the month, increasing its total purchases since the beginning of the year to approximately 50 tons. While the country's total gold reserves reached 439 tons, the share of gold in total reserves increased to 90 percent.

The Central Bank of Kazakhstan bought 7 tons of gold in August. Thus, the year-round purchase increased to 36 tons and the total reserve increased to 377 tons.

The Czech Central Bank also added 2 tons of gold to its reserves and made purchases for the 42nd consecutive month. The country's total gold assets increased to 86 tons.

RUSSIA CONTINUED SALES

Despite the general buying trend of central banks, some countries remained net sellers in August.

The Central Bank of Russia sold 6 tons of gold during the month. While Russia's total net sales since the beginning of the year reached 56 tons, its gold reserves decreased to 2 thousand 271 tons.

The Central Bank of Jordan also sold 3 tons of gold in August. Despite this, the country's net position in 2026 remained in the direction of purchasing 2 tons.