Tag: Tomasz Gessner

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Over 530 Tonnes of Gold in NBP Reserves. Will Poland Reach the 30% Target This Year?

After another round of gold purchases in October, the National Bank of Poland (NBP) now holds more than 530 tonnes of gold worth over...

Poland Becomes a Global Gold Power – Is the NBP About to Cross the 30% Threshold?

Poland is rapidly becoming one of the world’s most significant gold buyers. According to the latest data from the World Gold Council, by the...

Gold Prices Soar Past $3,100 with a Bang

This week kicks off with gold prices hitting yet another record, now clearly exceeding $3,100 per ounce. Since the beginning of the year, gold...

Fewer Poles Are Saving Money: Only 57% Saved in 2024

In 2024, only 57% of Poles declared they had savings, a significant drop from 72% the previous year. Furthermore, only half of those who...

Monetary Policy Council to Maintain Interest Rates at 5.75% in Poland

The Monetary Policy Council (MPC) is set to make its first interest rate decision of the year, and like many previous decisions, expectations are...

A Golden Year for Poland’s Central Bank: 32% Growth in Gold’s Value in 2024

Last year, the gold market captured the attention of investors worldwide. It is extremely rare in history for the safest of assets, which pays...

Record-Breaking Year for Gold: What’s Next for 2025 Investors?

As the year draws to a close, gold investors have every reason to celebrate. Both dollar-based and domestic Polish investors are enjoying impressive returns,...

2024: A Golden Year for Gold Investors – What Lies Ahead in 2025?

The year 2024 has left gold investors in high spirits, whether they’re tracking its value in USD or PLN. As December comes to a...

Interest Rates Steady for Now: No Holiday Gift for Borrowers from the MPC

We are approaching the last decision of the Monetary Policy Council on interest rates for this year. Can we expect a "gift" from the...

National Bank of Poland leads the third quarter in gold purchases according to the WGC. 427 tons of gold in reserves

The National Bank of Poland (NBP) continues to be a major buyer of gold in the third quarter of this year, according to data...

Donald Trump Returns to the White House: Markets React with Dollar Strength, Bitcoin Surge, and Gold Decline

After an exciting election night in the USA, the world woke up to a new political order. All signs indicate that Donald Trump is...

Over a year without changes. When will the Monetary Policy Council lower interest rates?

The rising inflation and weakening Polish złoty, which increases import costs, could further postpone the prospect of interest rate cuts in Poland. The Monetary...

Poland on the path to join the top countries with largest gold reserves – we already have 420 tons!

The National Bank of Poland (NBP) continues to ensure the financial stability of the country. According to the President of the NBP, we currently...

In a few hours, the Polish National Bank’s decision on interest rates – markets predict no changes

In a few hours, we will know the decision of the Monetary Policy Council regarding interest rates. The rates were last changed exactly a...
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