China extends gold buying streak to 21 months, reserves hit 76.08 million ounces

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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