China's central bank added 830,000 troy ounces, about 25.8 metric tons, of gold in October, extending its buying streak to 24 consecutive months. The People's Bank of China has purchased roughly 129 tons in the first 10 months of 2026, buying into a slump that saw bullion fall almost 7% and close below $4,000 an ounce.
China extends gold buying streak to 24 months
Source: Moneycontrol