Poland has more gold than ECB

ByIan Brodie

January 21, 2026
Screenshot

The National Bank of Poland has expanded its gold reserves to approximately 550 tonnes, with a total value exceeding €63 billion, underlying the country’s growing economic strength.

For many years, NBP President Adam Glapiński has highlighted the unique importance of gold within the country’s reserve structure. He has consistently described gold as a strategic asset for long-term financial security.

Gold carries no credit risk and does not depend on the monetary policy decisions of other nations. It also offers protection against global financial turbulence and economic shocks.
Substantial gold holdings help strengthen confidence in the stability of the Polish economy.

The central bank has set ambitious goals for further increasing its reserves. Its long-term objective is to reach 700 tonnes of gold, with total bullion reserves valued at around PLN 400 billion (€94 billion).

PHOTO: Polish National Bank

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