Tracy Shuchart (𝒞𝒽𝒾 )(@chigrl):China’s PBOC Buys Most Gold Since 2023 as Bullion Swings China’s central bank bought more gold in June, extending the longest buying streak since at least 2015 and underscoring a commitment to diversifying its reserves despite volatility in bullion prices. Bullion held by the People’s Bank of China rose by 480,000 troy ounces to 75.44 million ounces last month, according to data released on Tuesday. The purchase is the biggest since October 2023, and brings the buying streak to 20 months. (Bloomberg)

2026.07.07 09:56

China’s PBOC Buys Most Gold Since 2023 as Bullion Swings China’s central bank bought more gold in June, extending the longest buying streak since at least 2015 and underscoring a commitment to diversifying its reserves despite volatility in bullion prices. Bullion held by the People’s Bank of China rose by 480,000 troy ounces to 75.44 million ounces last month, according to data released on Tuesday. The purchase is the biggest since October 2023, and brings the buying streak to 20 months. (Bloomberg)