China’s central bank bought +8 tonnes of gold in April, the most since December 2024.



This follows +5 tonnes acquired in March, the 2nd-largest two-month addition since Q1 2024.

This also marks their 18th consecutive monthly purchase, bringing total official holdings up to a record 2,322 tonnes.

Year-to-date, China’s central bank has bought +15 tonnes of gold, on track for its biggest annual purchase since 2023.

Since 2022, the country has officially increased its gold holdings by +372 tonnes, or +19%, making China one of the strongest gold buyers in the world.

China is buying the dip in gold.
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin