People's Bank of China
China's central bank, which resumed publicly disclosed gold purchases in November 2022 and has expanded its reserves in most months since, reaching a record 2,377.5 tonnes by July 2026.
Covered in 7 MetalsCost.com News Intelligence articles, most recently on September 27, 2026.
Coverage
ICICI Bank Sees Gold Reaching $5,000 in Early 2027 After a Choppy End to 2026
ICICI Bank expects gold to hold in a $4,200-$4,600 range for the rest of 2026, then drift up to $4,600-$5,000 in the first half of 2027. It says September's 8% slide has not broken the metal's longer uptrend.
Gold Price Outlook: Rally May Turn Range-Bound Next Week as Focus Shifts to China's Rate Decision, Analysts Say
Gold closed a third straight weekly gain near Rs 1.54 lakh per 10 grams, but analysts at LKP Securities and JM Financial Services expect range-bound trading next week as focus shifts to China's rate decision and fresh economic data.
India's Central Bank Built Up Both Gold and US Treasuries Over the Past Decade, Unlike China
Over the past decade India's central bank raised both its gold reserves (up 58% to 880.51 tonnes) and its US Treasury holdings (up 59% to $186.4 billion), a different path from China, which cut Treasuries by nearly half while buying gold.
China's Central Bank Extends Gold-Buying Streak to a Record 22 Months
China's central bank bought 650,000 ounces of gold in August, a record monthly addition, extending its buying streak to 22 straight months as reserve diversification away from the dollar continues.
Gold and Silver Could Stay Volatile This Week as Iran Tensions and a Key US Inflation Report Collide
Gold and silver could see continued volatility this week as renewed US-Iran tensions, the upcoming US inflation report and rising Fed rate-hike odds pull bullion prices in competing directions, analysts say.
Gold Has Fallen 22% From Its Record High. Analysts Are Split on Whether September Brings a Recovery
Gold has fallen to about $4,369 an ounce, down roughly 22% from its January record, as traders weigh a hawkish Fed outlook against central-bank buying, bullish bank forecasts and record US federal debt.
Central Banks Drive Gold's Best Month Since 1999 as Treasury Holdings Hit 14-Year Low
Gold surged about 10% since August 1 toward its best month since 1999, as record central bank gold buying — led by a record-reserve China — coincided with central banks' US Treasury holdings falling to a 14-year low.
