Global central banks reported net gold buying totaling 39 tonnes in August, with China acting as the primary buyer. Uzbekistan and Poland also remained active in the market during that period, continuing a trend of consistent gold procurement by these nations throughout 2026.
Tuesday, October 20, 2026
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China Extends Gold Buying Streak to 23 Months in September
Commodities14 days ago
The People's Bank of China increased its reserves to 77.47 million fine troy ounces at the end of September, up from 76.73 million ounces in August. This expansion extends the central bank's purchase streak to 23 consecutive months, official data showed on Wednesday. Accumulation continued throughout the year despite price fluctuations in the bullion market.
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