Good Reads
China Central Bank Adds Most Gold Since 2023 Even as Prices Jump
China added the most gold to its reserves since 2023, accelerating purchases in August even as bullion prices surged. Holdings at the People’s Bank of China, one of the world’s biggest official-sector buyers, rose by 650,000 ounces, according to data released by the central bank on Monday. That extends the PBOC’s buying streak to 22 months. Read on »
The Rush To Pull Gold Out Of The U.S.
Before the move, 31.3% of Dutch gold was in New York, 19.7% in Ottawa and 18.1% in London. Now New York and Ottawa each hold 18.5%, while London has jumped to 32.1%. The Netherlands owns 612.4 tonnes of gold altogether. Read on »
Central Banks Piled in More Gold in July
Central banks continued to accumulate gold in July, adding a net 23 tonnes to the collective reserves. Year to date, central banks have accumulated an additional 130 tonnes of gold, about 30 tonnes less than through the same period last year. The primary difference between 2025 and 2026 is that there has been more selling this year. Read on »
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