3418.HK Flash News: China's central bank increased gold holdings by 480,000 ounces in June, marking 20 consecutive months of gold purchases.

China's Central Bank Increases Gold Holdings for the 20th Consecutive Month

Against the backdrop of volatile global gold prices and international institutions lowering price expectations, the People's Bank of China has increased its gold reserves against the trend.

Data from the People's Bank of China shows that gold reserves increased by 480,000 ounces to 75.44 million ounces in June 2026, marking the 20th consecutive month of increase, with the single-month increase hitting a new high since October 2023.

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Data Source:

1. WallStreet.cn News Flash, July 7, 2026, https://wallstreetcn.com/livenews/3129833

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