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Alasdair Macleod: Commercial banks accumulating gold to support gold accounts

Alasdair Macleod: Commercial banks accumulating gold to support gold accounts
Banks buy gold for vault accounts

Alasdair Macleod asserts that commercial banks are actively purchasing gold to reinforce their gold accumulation accounts.

He suggests that this gold is likely to remain within SGE vaults and not be moved elsewhere.

Earlier this year, Alasdair Macleod reported that China is providing gold accumulation accounts for $21 trillion of Chinese bank deposits. He has also warned that 2026 has triggered alarm signals in markets but expects gold to continue its historic surge. These comments reflect ongoing attention to gold's role among commercial banks and depositors.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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