Central Banks Claim Gold: Is Bitcoin Losing the Money Battle? Central banks bought 321 tons of gold in the third quarter of 2026, marking the largest purchase in nearly two years, with significant contributions from China and Poland. • The People's Bank of China and Poland continued their gold build-up in October, with China adding 25.8 tonnes and Poland reaching its target of 700 tonnes. • The XAU/BTC ratio has increased by 20% since the beginning of October, indicating the stronger performance of gold compared to Bitcoin, which is facing significant price corrections.

Central Banks Claim Gold: Is Bitcoin Losing the Money Battle? Central banks bought 321 tons of gold in the third quarter of 2026, marking the largest purchase in nearly two years, with significant contributions from China and Poland. • The People's Bank of China and Poland continued their gold build-up in October, with China adding 25.8 tonnes and Poland reaching its target of 700 tonnes. • The XAU/BTC ratio has increased by 20% since the beginning of October, indicating the stronger performance of gold compared to Bitcoin, which is facing significant price corrections.