China's Central Bank Extends Gold Buying Spree to 15th Consecutive Month

• People's Bank of China (PBOC) continued its gold buying for the 15th straight month in January.
• China's gold holdings increased to 74.19 million fine troy ounces by end of January.
• The value of China's gold reserves rose to $369.58 billion last month.
• Gold saw a speculative buying spree in January, reaching a record near $5,600 per ounce.
• Despite a drop in overall gold consumption, purchases of gold bars and coins surged 35.14% in 2025.