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China's central bank has purchased gold for 23 consecutive months, extending the longest streak since at least 2015, while the country imported a record amount of the metal in the first eight months of 2026.
The People's Bank of China added about 23 tonnes in September, its largest monthly acquisition in nearly three years, according to State Administration of Foreign Exchange data.
Customs data show that Chinese households and companies spent a record $158.8 billion importing more than 1,000 tonnes of gold from January through August 2026.
This figure surpasses the $96.5 billion and 886 tonnes imported in all of 2025.
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