The National Bank Purchased an Additional $500 Million Worth of Gold

The share of monetary gold in the National Bank of Georgia’s international reserves is increasing. This growth in the portfolio was driven by the acquisition of an additional $500 million worth of gold in June and October. The National Bank released this information.

According to the National Bank, as of October of this year, the value of its monetary gold holdings reached $1.365 billion, accounting for 16.6% of its total international reserves. The National Bank began investing in monetary gold for the first time in 2024. Diversifying reserve assets and managing them effectively is one of the strategic priorities of the National Bank of Georgia (NBG). The objective of investing in monetary gold is to diversify international reserves and protect them against volatility in global financial markets.

Alongside the growth of the gold portfolio, Georgia’s total international reserves have also reached a historic high. As of October 2026, their volume stands at 8.25 billion US dollars—an increase of 47.2% compared to the same period the previous year—while reserves grew by 82.6 million US dollars compared to the previous month.

The reserve adequacy indicator has also improved. The reserve adequacy metric (ARA metric), calculated according to the methodology of the International Monetary Fund (IMF), stands at 130%, exceeding the 100% benchmark threshold established by the IMF.

The long-term policy of the National Bank of Georgia regarding international... It entails the accumulation of reserves, as well as the effective management and diversification of reserve assets. The National Bank of Georgia (NBG) replenishes its foreign exchange reserves when market conditions are favorable. From January to September 2026, the National Bank’s net purchases totaled 3,370.7 million US dollars.

"The National Bank of Georgia will publish updated data on international reserves on December 7, 2026," the National Bank stated.