
China extends gold buying streak to 21 months, reserves hit 76.08 million ounces
China's central bank bought gold for a 21st straight month in August 2026, lifting reserves to 76.08 million fine troy ounces, official data reported by Reuters showed. The monthly increase was the largest since October 2023. I see the unbroken run mattering more than one month's size because it signals lasting official demand behind prices.
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