24 Hrs
Source:
الاقتصادية
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China's gold imports since start of year
China is experiencing a record surge in gold imports since the beginning of the year, with purchases exceeding 1,000 tons by August, surpassing the total imports for 2025, according to customs data. This trend is attributed to strong investment demand, the rise of the yuan's value which facilitates import activities, and the new licensing system that came into effect in June. Additionally, interventions by the central bank, which increased its gold purchases to the highest level since 2023, have significantly boosted demand, reinforcing individual investor confidence amid economic uncertainty.
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