{"id":435680,"date":"2026-08-07T15:17:07","date_gmt":"2026-08-07T08:17:07","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/china-gold-buying-spree-continues-in-july-as-reserves-climb-for-a-21st-consecutive-month-435680\/"},"modified":"2026-08-07T15:17:07","modified_gmt":"2026-08-07T08:17:07","slug":"china-gold-buying-spree-continues-in-july-as-reserves-climb-for-a-21st-consecutive-month","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/china-gold-buying-spree-continues-in-july-as-reserves-climb-for-a-21st-consecutive-month-435680\/","title":{"rendered":"China gold buying spree continues in July as reserves climb for a 21st consecutive month"},"content":{"rendered":"<div>\n<ul>\n<li>China gold reserves at the end of July 2026: 76.08 million troy ounces<\/li>\n<li>In June 2026: 75.44 million troy ounces<\/li>\n<li>China gold reserves value at the end of July 2026: $306.35 billion<\/li>\n<li>In June 2026: $303.72 billion<\/li>\n<\/ul>\n<p style=\"text-align: justify\" class=\"text-align-justify\">I don&#8217;t think the streak extending is much of a surprise. Central bank buying in gold may have slowed down a little since the turn of the year but China continues to stick to their guns when it comes to purchasing more of the precious metal.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">After the dip in the value of gold prices in May, we&#8217;re seeing some stabilisation from June to July. And with the recent resurgence to start August, that could prompt more buying flows to return for gold.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">With the dollar being hit with the US administration&#8217;s sidetracking in helping out Japan to defend the yen, things are starting to line up again for gold. That especially after two months of consolidation in holding just above the $4,000 mark.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">The main issue though is that the US-Iran war continues to rage on. So, there&#8217;s still that to watch out for as higher bond yields and a more hawkish outlook for major central banks could yet still put a dent on gold&#8217;s ambitions in the second half of this year.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">Circling back to China, it&#8217;s best to remember the backstory:<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">&#8220;Do be reminded that the numbers above are what is &#8220;officially&#8221; being reported. It has been speculated for the longest of time already that Beijing has been buying way more gold than what is being advertised here&#8230; independent estimates from the likes of the World Gold Council suggest that China&#8217;s actual holdings may be double what they are reporting.&#8221;<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">\n<p>                            This article was written by Justin Low at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>China gold reserves at the end of July 2026: 76.08 million troy ounces In June 2026: 75.44 million troy ounces China gold reserves value at the end of July 2026: $306.35 billion&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-435680","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/435680","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=435680"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/435680\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=435680"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=435680"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=435680"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}