Top 10 countries that bought the most gold this year so far

By Priyanka Deshpande CNBC-TV18.com Published May 6, 2024

[{"selector":"#anim-f84df41a-7d49-4805-a649-695f29e51b58 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-36.62499991981947%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] Central banks from emerging markets continue their longstanding trend of buying gold, with 10 reporting increased reserves in Q1, as per World Gold Council. Check top 10:

TURKEY

[{"selector":"#anim-ad692e87-95d1-4204-b29a-3782f7f04404 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0.4992196766493926%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Year-to-date net purchases: 30.12 tonnes

CHINA

[{"selector":"#anim-f3abdd1c-a7e8-410c-8daa-5c2527d490db [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(7.516601303802559%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] Year-to-date net purchases: 27.06 tonnes

INDIA

[{"selector":"#anim-e66b9895-c2a9-4ebf-88d6-f8e17483fc0f [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-35.09374991067581%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] Year-to-date net purchases: 18.51 tonnes

KAZAKHSTAN

[{"selector":"#anim-107f339f-1c8e-43c8-9293-07ebb58120fa [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Year-to-date net purchases: 16.39 tonnes

CZECH REPUBLIC

[{"selector":"#anim-cc13f24c-14ed-46d3-bee5-1ebf0a6bead6 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.225066375436132%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] Year-to-date net purchases: 4.78 tonnes

OMAN

[{"selector":"#anim-4185ff3f-0feb-43d8-9d6d-7920bb850020 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.437499887824256%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] Year-to-date net purchases: 4.37 tonnes

SINGAPORE

[{"selector":"#anim-4f756536-4b33-4566-9873-3c8c2105c633 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(4.500000044508493%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Year-to-date net purchases: 2.09 tonnes

KYRGYZ REPUBLIC

[{"selector":"#anim-e5f94992-fe54-4476-8080-83fa951b89c6 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.249999886225726%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] Year-to-date net purchases: 1.94 tonnes

QATAR

[{"selector":"#anim-4d211cbb-f4e1-412c-b9bf-ba1eb3a50111 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.249999886225726%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] Year-to-date net purchases: 1.58 tonnes

POLAND

[{"selector":"#anim-34d0e41b-058d-4419-8865-e877092e64e1 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(11.200000110776692%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Year-to-date net purchases: 1.19 tonnes

Gold prices surge amid US Fed's dovish stance, experts predict further rise

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