China's gold imports reach record 163 tons

China experienced a record-breaking increase in gold imports during May, reaching 163 tons. The total imports over the first five months of 2026 amounted to approximately 692 tons, representing an increase of about 76% compared to the same period last year. Despite a roughly 25% decline in global gold prices since the beginning of the year, Chinese investment demand remained strong, supported by flexible import strategies and new regulations, which helped stabilize the market and reduce the severity of declines.

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