Central banks
Why China’s Gold Reserves Are Bigger Than the PBoC Figure Shows
World Gold brief based on reporting byDiscovery Alert
Reported by Discovery Alert: “Why China’s Gold Reserves Are Bigger Than the PBoC Figure Shows”. Gold settled at $4,052 an ounce on October 28, 2026 — $130.26 per gram, -0.56% 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.