🔥Poland is the undisputed leader in central bank gold buying: The National Bank of Poland approved plans to purchase another 150 tons of gold, worth ~$24 billion at current prices. This will place Poland among the top 10 countries with the largest gold reserves in the world. The planned purchases also exceed the entire gold reserves of Brazil and Mexico COMBINED. Poland purchased ~100 tons in 2025, more than any other central bank that declared purchases to the IMF. As a result, Poland's gold holdings are up to a record 550 tons, or $76 BILLION as of Dec 31, 2025 (or $88 billion at current prices) with a new target of 700 tons. Gold now reflects ~28% of Poland's total FX reserve assets. As a result, the country's foreign currency reserves have surged to ~$271 billion from just $36 billion when it joined the EU in 2004. Poland plans to hold ~33% of its gold domestically, with the rest split between London and New York, whereas ~80% is currently held abroad. Poland is ready for unprecedented times with geopolitical instability.