National Bank of Georgia Purchases Additional USD 100 Million in Monetary Gold

According to the decision of the Board of the National Bank of Georgia, the NBG has purchased an additional USD 100 million in LBMA standard gold bars of the highest purity (999.9) for international reserves.

As a result of the current purchase, the share of monetary gold in the international reserves of the National Bank of Georgia will reach 15.5%. It is worth noting the growth trend of international reserves, as a result of which the reserves reached a historical maximum of USD 7.0 billion, and their volume is 114.8% of the International Monetary Fund’s Reserve Adequacy Ratio (ARA).

The above decision is part of the long-term strategy of the National Bank of Georgia for the management of international reserves and aims to further diversify reserve assets, improve the sustainability of reserves and protect them from inflationary risks. Monetary gold is a reserve asset widely recognized by central banks around the world, which contributes to increasing the resilience of the portfolio to geopolitical risks and reducing risks.

The National Bank will continue to manage international reserves in the future in accordance with the principles of safety, liquidity and profitability. In parallel with the growth of international reserves, the NBG will continue to consider diversification opportunities and will make decisions in accordance with long-term strategic goals and international best practices.

It is noteworthy that it was precisely the strong macroeconomic fundamentals that allowed the National Bank to significantly replenish international reserves in 2025. In particular, last year the NBG purchased $2.4 billion and increased its reserves to $6.16 billion by the end of the year, and to a historically high level of $6.65 billion in February 2026. It is also worth noting that central banks in international markets continue to follow the established practice of purchasing gold and purchased more than 970 tons in the first quarter of 2026 alone, which is approximately 80% of the purchases in the entire year of 2025 (1,235 tons). Total purchases by central banks have remained above 1,000 tons for four consecutive years (2022-2025). It is also worth noting that demand from central banks is less dependent on the price of gold, which mainly ensures the stability of the lower limit of the gold price. The continuation of the conflict in Ukraine, escalation in the Middle East, US-China trade tensions, as well as the US-Iran conflict that began in February 2026 – all these factors consistently created and strengthened the structural risk premium in the price of gold and increased its value as a safe and secure asset.

The information is released by the press service of the National Bank of Georgia.