The People's Bank of China added roughly 650,000 ounces - about 20 tonnes - of gold in August 2026, extending its buying streak to 22 consecutive months, the longest run on record, and lifting official holdings past 2,600 tonnes. Bloomberg reported it as the largest monthly addition since 2023, notable because it came while prices were near record levels rather than during a drawdown.
Provenance — node opacity = source trust
- Evidence Strength
Strong
- Evidence Observed At
- Sep 7, 2026 · 9:00 AM UTC
- Citation
- https://www.bloomberg.com/news/articles/2026-09-07/china-central-bank-adds-most-gold-since-2023-even-as-prices-jump
- Citation Source
bloomberg
- Flow Direction
Buying
- Flow Magnitude Value
- 20
- Flow Magnitude Unit
- tonnes