Market
China gold market update: Strong official sector buying in July | Post by Ray Jia | Insights
World Gold brief based on reporting byWorld Gold Council
Reported by World Gold Council: “China gold market update: Strong official sector buying in July | Post by Ray Jia | Insights”. Gold settled at $4,380 an ounce on August 14, 2026 — $140.83 per gram, +0.38% on the day. The story touches China: we track local prices and customs flows for those.
The development may change short-term gold-price expectations. Confirmation requires comparing the headline with COMEX, the dollar, yields and trading volume.
- COMEX price
- US Dollar Index
- US 10Y yield
- volume and momentum
- price confirmation
- trading volume
- cross-asset reaction
- 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.