Government Buying Gold - Chinese

The Chinese government has engaged in a prolonged strategic accumulation of gold reserves, recently reaching a milestone of of purchases as of March 2026. This "buying spree" is driven by a complex interplay of geopolitical risk mitigation, domestic economic pressure, and a long-term goal of de-dollarization. Current Scale of Chinese Gold Reserves

: Throughout 2025 and into early 2026, the PBoC maintained near-continuous monthly additions, though it occasionally utilized "tactical maneuvers" by reducing purchase sizes when prices reached record highs. Strategic and Geopolitical Drivers chinese government buying gold

The Chinese government's aggressive turn toward gold is widely viewed as a "firewall" against Western financial influence. China gold market update: A strong start to 2026 The Chinese government has engaged in a prolonged

: Gold now accounts for approximately 8.5% to 9.6% of China's total foreign exchange reserves by value, up from less than 3% prior to the COVID-19 pandemic. 313 metric tons of gold.

: As of March 2026, the People’s Bank of China (PBoC) officially reported 2,313 metric tons of gold.