ViewpointsOpinionCentral Bank Losses Make Them Buy Record Amounts of GoldSavePrintPla2na/ShutterstockDaniel Lacalle1/2/2023|Updated: 1/19/20230:00X 1CommentaryIn 2022, central banks will have purchased the largest amount of gold in recent history. According to the World Gold Council, central bank purchases of gold have reached a level not seen since 1967.Share this articleLeave a commentDaniel LacalleAuthorDaniel Lacalle, Ph.D., is chief economist at hedge fund Tressis and author of the bestselling books “Freedom or Equality” (2020), “Escape from the Central Bank Trap” (2017), “The Energy World Is Flat” (2015), and “Life in the Financial Markets.”websiteAuthor’s Selected ArticlesThe US Dollar Remains the World’s Top Reserve CurrencyJul 21, 2025How Analysts Misjudged the US Economy: Growth, Inflation, and Fiscal Surprises in 2025Jul 14, 2025Iran’s Allies Abandon the Regime as Geopolitical Tension EscalatesJun 25, 2025Is the European Union Deliberately Delaying Trade Negotiations?May 27, 2025Related Topicscentral banksgold buying