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Poland's central bank to boost gold reserves to 30% of assets
From Investing.com, Nicosia, Cyprus
Thursday, September 11, 2025
Poland's central bank announced Wednesday plans to increase its gold holdings to 30% of its reserve assets, aiming to strengthen the country's financial security.
The National Bank of Poland said the timing and volume of gold purchases would be determined by market conditions.
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"In these difficult times of global turmoil and the search for a new financial order, gold is the only safe investment for state reserves," bank Governor Adam Glapinski said in an emailed statement.
Glapinski had previously indicated last week that he would propose a motion to the bank's management board about raising the reserve target for gold to 30%. ...
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