[World Gold Council: Global Central Banks Net Purchase 19 Tons in February, Some Maintain Continuous Net Buying Streak] Odaily Planet Daily News – The World Gold Council released its February central bank gold purchase report this week, showing that global central banks made a net purchase of 19 tons of gold in February 2026. Although this figure is still below the monthly average of 26 tons reported in 2025, it marks a rebound compared to the net purchase of 5 tons in January 2026. The World Gold Council stated that the February data seems to indicate a rebound in central bank gold purchases after a quiet January, highlighting central banks' recognition and commitment to gold as a reserve asset. Additionally, the report shows that some central banks have maintained a continuous record of net gold purchases, with a cumulative 44 tons purchased from November 2024 to February 2026. The Czech Republic reported its 36th consecutive month of net gold purchases, while China increased its gold holdings for the 16th consecutive month. Goldman Sachs noted in a research report at the end of March that the medium-term outlook for gold remains solid, supported by continued central bank gold purchases and expectations that the Federal Reserve will cut interest rates twice more this year. Goldman predicts that gold prices could climb to $5,400 per ounce by the end of the year. UBS, on the other hand, forecasted at the end of March that gold's target price in early 2027 would be $5,900 per ounce. (Caijing Magazine)