Global Market: China gold reserves rise for 23rd straight month, forex reserves fall
28 Articles
28 Articles
Global central banks purchased 39 tons of gold in August 2026, according to data from the World Gold Council (WGC). Global central banks continued to increase their gold reserves in August 2026. Large and regular buyers of gold remained active in 2026. On an annual basis, central banks reported a total purchase volume of 170 tons. The most active buyers in August were the central banks of China (+20 tons), Poland (+8 tons) and Uzbekistan (+8 ton…
As global central bank demand for gold accelerated again in August, Türkiye also increased its reserves after a three-month period of selling. China and Poland were leading the way in purchases, while Russia continued its selling trend.
The Economic Times
Times of IndiaGlobal Market: China gold reserves rise for 23rd straight month, forex reserves fall
Chinas central bank raised its gold holdings for the 23rd consecutive month in September, underscoring its efforts to diversify reserves amid shifting global financial markets. However, the countrys foreign exchange reserves fell more than expected to $3.400 trillion, pressured by a stronger US dollar. The yuan strengthened 0.22% against the greenback during the month.
The central bank of China intensified its gold purchases in September, on the basis of lower prices, shows official data published on Wednesday, Bloomberg broadcasts.
The People's Bank of China added 740,000 ounces of gold in September and extended its shopping streak to 23 months, while metal lost more than 6% during the month and reached $4,000 an ounce.
Portal GMC Online
infomoney.com.brChina's foreign currency international reserves fell in September, as economists had already expected, due to a negative valuation effect,
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