China’s Central Bank Buys the Most Gold Since October 2023
Roughly 20.2 metric tons of gold flowed into China’s reserves in August, extending Beijing’s steady effort to shift its holdings away from dollar assets and keeping alive one of the market’s most durable sources of demand. That 650,000 ounce addition pushed the People’s Bank of China’s holdings to 76.73 million ounces, up from 76.08 million at the end of July,








