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China’s gold imports hit a record level in May.
China imported 163 tons of gold in May, the highest monthly volume since March 2024.
This was also the third month in a row with imports above 150 tons.
In the first five months of 2026, China imported 692 tons of gold - up 76% compared to the same period last year.
The People’s Bank of China also added another 10 tons of gold to its reserves in May.
That marks the 19th consecutive month of accumulation, bringing total reserves to a record 2,331 tons.
China is still buying gold aggressively - and clearly not slowing down.
$XAUT