FINANCE

China’s Central Bank Adds Gold for 18th Straight Month

Published: May. 7, 2026 9:37 p.m. GMT+8

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China’s total gold reserves reached 74.6 million ounces at the end of April. Photo: VCG

China’s central bank added 260,000 ounces of gold to its reserves in April, marking its 18th consecutive month of purchases and the largest single-month increase since January 2025.

The sustained accumulation reflects a broader trend among global central banks to bolster gold holdings at lower prices, even as volatile bullion markets and geopolitical uncertainty in the Middle East prompted some investors to sell assets for liquidity.

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Explore the story in 30 seconds

China’s central bank added 260,000 oz gold in April, 18th consecutive month, reaching 74.6M oz total; largest since Jan 2025.
Purchases accelerated from March’s 160,000 oz amid price dip to $4,510-$4,620/oz.
FX reserves rose $68.4B to $3.41T; global banks net bought 244t gold in Q1 2026.

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