Gold Proficiency

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  • Why the Bank of Canada Holds No Gold

    Introduction Canada once held significant gold reserves, peaking at over 1000 tonnes in the mid 1960s. However, beginning in the late 1960s and with a formal policy in 1980, the government and Bank of Canada gradually sold all of these holdings. The last of its gold was sold in 2016, leaving Canada with zero official…

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  • Why Central Banks Hold a Value of Five Trillion Dollars in Gold

    Introduction Gold serves as a safe, liquid, and reliable asset that fulfills key central bank objectives: safety, liquidity, and return characteristics. Unlike fiat currencies or government bonds, gold holds no counterparty or default risk, acts as a hedge against inflation and currency depreciation, and performs well during crises. Collectively, central banks around the world hold…

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  • Global Gold Supply and Demand of Q1 2026: Findings from World Gold Council Reports

    Global Gold Purchases during Q1 2026: Findings from the World Gold Council Reports We have observed significant price fluctuations of gold during the first quarterly of 2026. In January, gold prices hit a new quarterly average record but then corrected significantly in February. Geopolitical factors are, in part, behind the fluctuations. This report, based on…

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  • Gold Holdings By Central Banks : 2026

    Gold Holdings By Central Banks : 2026

    Overview of Gold Holdings in 2026 In 2025 and early into 2026, central banks, overall, continued to bolster their gold reserves. The data below is sourced from the World Gold Council which reveals the top 20 holders of gold. Top 20 Gold Holdings by Central Banks : As of January, 2026 Rank Country / Organization…

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