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Gold after Central banks turn net buyers (1 Jan 2010)

After Central banks turn net buyers on 1 Jan 2010, gold was 1.2% higher three months on and 19.8% higher twelve months on, measured from the Dec 2009 monthly average of $1,135 a troy ounce.

Gold before
$1,135
Dec 2009
Gold +3 months
+1.2%
Gold +12 months
+19.8%
Silver +12 months
+61.9%
Obama · D$997$1,210$1,423Sep 2009Mar 2011

In context

After two decades of selling, the official sector became a net buyer of gold in 2010 and has stayed one since.

Over the same months silver was 2.8% higher three months on and 61.9% higher twelve months on.

Of the 29 market or central-bank moments on the chart with a full year after them, this ranks 9th for gold twelve months on.

The market or central-bank moment before it on the chart: China doubles reported gold reserves (24 Apr 2009).

The one after: Libya (19 Mar 2011).

Monthly average prices in U.S. dollars per troy ounce (Kitco.com and the World Bank Pink Sheet), from the last full month before a period to its last full month; the record runs Feb 1971 to Oct 2026. What the record did, not a forecast. Source: gold.org.

Open this in the chart

Updated Oct 2026 · record through Oct 2026