China has been buying the gold dip, and these analysts say a comeback is brewing - MarketWatch
China has been buying the gold dip, and these analysts say a comeback is brewing - MarketWatch
Source: MarketWatch
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DW NOTE
China's central bank added 225 tonnes of gold in the first half of 2026 — more than twice its 2023 annual total — and doubled its purchasing pace precisely as Western funds were liquidating. The pattern is clear: Beijing treats $4,000 gold as a clearance sale on dollar alternatives, not a market top. When your counterparty is offloading an asset you've spent eight years accumulating, the correct response is to buy more.