China quietly stockpiling gold as reserves rise amid price decline
Crypto Briefing·Jul 18, 2026·2 sources·neutral
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China is increasing its gold reserves while gold prices decline.
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China is still quietly stockpiling gold: China acquired +48 tonnes of gold in May via the London OTC market, the biggest monthly purchase in over a year, according to Goldman Sachs estimates. This is 4.8x more than the official +10 tonnes reported by China's central bank for May. Meanwhile, China
@kobeissiletter
Jul 18, 2026
China quietly stockpiling gold as reserves rise amid price decline
Crypto Briefing
Jul 18, 2026