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Gold Price prediction: What will be the gold rate? Factors that will drive bullion precious metal

Summary by Times of India
Gold Price today: Top bullion consumer China imported 1,077 metric tons of gold in the first eight months of 2026, suggesting that this year's annualised imports are on track for the highest in 11 years.

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China is experiencing a real gold rush. More than 1000 tons have already been imported this year, the central bank is accelerating its purchases, and investors are also gaining more and more.

·Berlin, Germany
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In just the first eight months of this year, China has spent a staggering $158.8 billion buying gold. This figure far exceeds the $96.5 billion spent on 886 tons of gold projected for the entire year of 2025.

·Ho Chi Minh City, Viet Nam
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China bought about $158.8 billion in gold in the first 8 months of this year.

China imported $158.8 billion in gold in the first 8 months of this year, which is 65% more than the total value of this metal's imports in 2025; at the same time, the volume of imports has exceeded 1,000 tons, exceeding the total gold imports of last year.

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Times of India broke the news in India on Sunday, October 4, 2026.
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