Central Banks

Polish Central Bank Approves Plan to Buy 150 Tons of Gold

The headquarters of the National Bank of Poland in Warsaw.Photographer: Damian Lemanski/Bloomberg

The world’s biggest reported gold buyer, the National Bank of Poland, approved plans to purchase another 150 tons of the precious metal.

“This will place Poland among the elite 10 countries with the largest gold reserves in the world,” the central bank said Tuesday.