Central banks
Central banks pile into gold as China leads buying spree
World Gold brief based on reporting byMining.com
Reported by Mining.com: “Central banks pile into gold as China leads buying spree”. Gold settled at $4,009 an ounce on October 23, 2026 — $128.88 per gram, -1.28% on the day. The story touches China: we track local prices and customs flows for those.
Official-sector buying or selling changes physical demand and long-term market expectations. Persistent purchases can support the market, but do not guarantee an immediate price increase.
- official reserves
- physical demand
- currency confidence
- long-term expectations
- next reserve disclosure
- net purchase volume
- geographic breadth
- reserve and import data: China
Methodology and transparency
This World Gold brief is based on the headline and available metadata. We do not reproduce the publisher's article or add unverified details. The price on the date of the report is our own data: the daily COMEX futures settlement, converted to grams at 31.1035 g per troy ounce.