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Macro Finance

China’s Central Bank Extends Gold Buying Streak to 21 Months

Bloomberg Markets·August 7, 2026·1 min read

China's central bank extended its gold buying streak to 21 months last month, adding to reserves as bullion prices built support above $4,000 an ounce. The continued purchases push the streak toward the two-year mark, signaling sustained demand from the world's largest gold consumer amid global economic uncertainty and elevated prices.

Read at Bloomberg Markets
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