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PRECIOUS METALS | China Adds 15 Tonnes of Gold to Reserves in June After XAU/USD Fell Below $4,000

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2026-07-09 08:09:08
The People’s Bank of China added 15 tonnes of gold to its reserves in June after XAU/USD fell below the $4,000 range last month.

According to NS3.AI, Krishan Gopaul said the purchase lifted China’s year-to-date net gold purchases to 41 tonnes.

Jerry Prior said China’s continued gold accumulation reflects what he described as a structural de-dollarization theme.
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