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China gold reserves reach record 2,387 tonnes amid steady central bank buying
China's central bank has significantly accelerated its gold accumulation in 2026, adding 80 tonnes to its reserves so far this year. This brings China's total gold reserves to a record 2,387 tonnes. The pace of acquisition is notably higher than in 2025, when the country added only 29 tonnes to its official holdings.
In August 2026, the central bank purchased 20 tonnes of gold, matching its largest monthly addition since October 2023. This marks the 22nd consecutive month of official gold purchases. This trend reflects a broader movement among central banks to diversify reserves and reduce exposure to specific national monetary policies or financial systems.
While the market value of global gold reserves surpassed foreign official holdings of U.S. Treasury securities in 2025, some analysts argue this does not necessarily mean gold has overtaken Treasuries in appeal. They suggest the rise in gold's share is largely driven by price surges from private sector demand and the specific reserve structures of certain nations.
Entities
Claims
What the coverage asserts, and how many sources carry each claim.
- [○ 1 SOURCE] The gold price is testing the $4,400 level. bitcoinethereumnews.com
- [○ 1 SOURCE] China added 80 tonnes of gold to its reserves in 2026, bringing total reserves to a record 2,387 tonnes. bitcoinethereumnews.com
- [● 2 SOURCES] China's central bank purchased 20 tonnes of gold in August 2026. bitcoinethereumnews.com · www.tekedia.com
- [○ 1 SOURCE] August 2026 marked the 22nd consecutive month of gold purchases by China's central bank. bitcoinethereumnews.com
- [○ 1 SOURCE] The increase in gold's share of global reserves is largely driven by countries with large legacy holdings from the Bretton Woods era. mostlyeconomics.wordpress.com
- [○ 1 SOURCE] China added 29 tonnes to its official gold reserves during 2025. bitcoinethereumnews.com
- [○ 1 SOURCE] CoinCodex projects the gold price will reach $4,568.53 within the next month. bitcoinethereumnews.com
- [○ 1 SOURCE] In 2025, the value of world international gold reserves surpassed the value of foreign official holdings of U.S. Treasury securities. mostlyeconomics.wordpress.com