China ramps up gold buying as prices fall
Reported by Mining.com.au: “China ramps up gold buying as prices fall”. Gold settled at $4,157 an ounce on October 8, 2026 — $133.65 per gram, +0.39% on the day. The story touches China: we track local prices and customs flows for those.
Changes in production, costs and reserves affect future metal availability. The impact is slower than rates or the dollar, but material for the long-term supply balance. The COMEX settlement that session moved +0.39%, so the headline and the close diverge. The usual reason: an intraday move, a different currency, or a different horizon.
- mine output
- production costs
- capital expenditure
- recycling
- production guidance
- producer AISC
- new projects and permits
- reserve and import data: China
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.