China's gold reserves rise by most since October 2023 as buying pace quickens - Reuters
China's gold reserves rise by most since October 2023 as buying pace quickens - Reuters
Source: Reuters
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DW NOTE
China bought more gold last month than in any month since October 2023. This marks the fourth consecutive month of accelerated buying after a 17-month pause that ended in November 2025. Beijing is now adding reserves at the fastest sustained pace since the currency devaluation of 2015. When a central bank that prints renminbi starts hoarding the one asset central banks cannot print, it is expressing a view about the one it can.