China's Gold Rush: 15th Consecutive Month of Purchases, Market Volatility Soars
Money
N
News1807-02-2026, 21:19

China's Gold Rush: 15th Consecutive Month of Purchases, Market Volatility Soars

  • China's central bank confirmed its 15th consecutive month of gold purchases, increasing reserves in January.
  • The value of China's gold reserves surged to $369.58 billion in January from $319.45 billion in December.
  • Gold prices experienced significant fluctuations, reaching a historic high of nearly $5,600 per ounce before a sharp decline.
  • Overall gold consumption in China decreased for the second consecutive year, down 3.75% to 950 metric tons in 2025.
  • Demand for gold bars and coins in China significantly increased by 35.14%, indicating a shift towards safe investments.

More like this

Loading more articles...