20 Hrs
الاقتصادية
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الاقتصادية

2026-09-22T06:56:59.968Z

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الاقتصادية

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China's gold imports this year

China's gold imports this year

Since the beginning of the year, China has imported record levels of gold, with purchases exceeding one thousand tons up to August alone, surpassing its total imports for the entire year of 2025. This surge is driven by declining global prices and the strengthening of the yuan. Strong investment demand and local prices slightly above international prices have supported this trend, along with an 18% increase in gold ETF holdings. The new licensing system has further facilitated import operations. Additionally, the People's Bank of China has increased its gold purchases, reflecting a centralized effort to bolster reserves amid economic uncertainty.

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