Poland has consolidated its position as one of the world’s largest holders of gold reserves, surpassing Great Britain by increasing its holdings to more than 400 tons. This achievement underscores the country’s increasing focus on financial security and economic resilience.
According to Adam Glabinski, Governor of the Polish National Bank, the central bank now holds 420 tons of gold, officially ranking Poland among the countries with the largest gold reserves. “Poland has entered the club of the largest holders of gold reserves in the world,” Glabinski announced, stressing that this achievement exceeds the United Kingdom’s gold reserves.
The governor confirmed the goal of the Polish National Bank to raise its gold reserves to 20% of its total foreign exchange reserves. “This step will bring us in line with the world’s leading economies,” Glabinski noted. Currently, gold makes up approximately 15% of Poland’s reserve assets, reflecting significant progress towards this goal.
Over the past five months, Poland has accelerated its gold acquisitions, adding 39 tons of the precious metal to its reserves. This strategic construction highlights Poland’s proactive approach to protecting its economy from potential global financial turmoil.
Glabinski has consistently defended gold as a hedge against financial crises. He emphasized the unique qualities of the metal, saying: “Gold retains its value even in the event of a total collapse in the global financial network, where digital assets may fail,” and stressed that gold is immune to credit risks and depreciation through monetary policies, which makes it a strong and durable asset.
Poland’s focus on gold is deeply rooted in its historical experiences. Memories of German occupation during World War II and Soviet-era domination serve as reminders of the importance of tangible, secure assets. Gold is seen not only as a symbol of financial stability, but also as a guarantee for future generations.
This sentiment is echoed by many Poles. Marta Basani Prosek, head of the precious metals trade at the Polish Mint, highlighted the cultural importance of gold: “For many families, gold was a lifeline during turbulent times, a tradition passed down through generations for survival and security.”
By prioritizing gold accumulation, Poland is preparing to address potential global financial challenges while signaling its intention to strengthen national economic resilience. This achievement underscores the country’s broader commitment to financial independence and long-term stability.
