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Bloomberg

China’s PBOC Buys Most Gold Since 2023 as Bullion Swings

Tuesday, July 7, 2026


China's central bank purchased gold in June, continuing its buying streak that extends to at least 2015. The People's Bank of China has not disclosed the specific quantity purchased. Gold prices fluctuated during the month, with spot prices ranging between approximately $2,300 and $2,450 per ounce according to market data.

Original reporting: https://www.bloomberg.com/news/articles/2026-07-07/china-s-pboc-buys-most-gold-since-2023-as-bullion-swings

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