Poland Accelerates Gold Accumulation with 700-Ton Target
The National Bank of Poland has officially greenlit a strategic initiative to acquire up to 150 additional tons of gold, aiming to elevate its total reserves to 700 tons. This ambitious move is set to position Poland among the world’s top 10 gold-holding nations, marking a significant shift in its reserve management strategy.
Strengthening Sovereignty Amid Global Financial Shifts
With current holdings nearing 550 tons, Poland already ranks high in Central and Eastern Europe. The central bank is permitted to allocate up to 30% of its total reserves to gold, providing ample flexibility. While the exact timeline remains unspecified, officials stress that the acquisition is driven by long-term concerns over monetary instability and geopolitical uncertainty.
- Target of 700 tons represents a major strategic expansion
- Gold seen as key to reducing reliance on foreign currencies
- Move reflects broader trend of de-dollarization among central banks
Experts suggest this is not merely an asset reallocation but a declaration of financial sovereignty. As global central banks rethink reserve composition, Poland’s bold step may inspire similar moves across emerging economies.