New Delhi . China is once again attracting the attention of the whole world regarding its gold reserve. Gold prices have remained at a high level in the international market and despite this, instead of stopping the purchase of gold, China has intensified it. In August 2026, the Central Bank of China has added more than 20 tons of gold to its gold reserve. The special thing is that this purchase of China has continued for the 22nd consecutive month. That is, for almost two years, Dragon has been continuously increasing its gold reserves. Is busy increasing the stock.
This step of China is not being seen as a normal investment because despite the rise in gold prices, its purchasing continues. After the latest purchases, China's gold reserve has increased to about 2387 tonnes. According to the report, China's gold reserves have increased by about 650,000 ounces in August compared to July. This is said to be China's largest gold purchase in any one month after October 2023. In October 2023, China's reserves had increased by about 740,000 ounces.
China's long-term economic strategy is considered to be an important reason behind its continuous gold purchases. China wants to make its foreign exchange reserves stronger and balanced. For this, instead of relying only on the US dollar, it is also increasing its stake in safe assets like gold. Amidst the constantly changing situation in the global economy, gold is considered a safe asset and for this reason China is seen increasing its quantity in its reserves.
This step of China can be considered a major part of its economic strategy. Buying gold for 22 consecutive months shows that this is not a sudden decision but a long-term plan is working behind it. Along with strengthening its economy, China wants to strengthen its position in the global financial system. Increasing gold reserves allow it to diversify its foreign exchange reserves and may help reduce dependence on any one currency or asset.
This purchase by China has also emerged as the longest gold purchasing campaign since 2015. This trend, which has been continuing for 22 months, is an indication that Beijing is considering gold as its economic security blanket. Amidst the economic and geopolitical uncertainty in the world, this step of China is also considered important for the international market. In the coming time, if China continues to buy gold at this pace, then a big increase in its gold reserves may be seen.