🚨 China Continues Quiet Gold Accumulation, Far Exceeding Official Figures 🚨
China is reportedly stockpiling gold at a scale far larger than officially disclosed, according to estimates from Goldman Sachs. The bank estimates that China purchased over 10 tons of gold in November, roughly 11 times the amount reported by the People’s Bank of China (PBoC). Similarly, in September, estimated purchases exceeded 15 tons, nearly 10 times the official figure.
Official data shows that China added 0.9 tons of gold in December, pushing total gold reserves to a record 2,306 tons. This marked the 14th consecutive month of officially reported gold purchases. For 2025, China’s reported gold buying totaled over 27 tons.
If official disclosures represent only around 10% of actual purchases, this would imply that China accumulated more than 270 tons of physical gold in 2025 alone. Such aggressive accumulation suggests a strategic shift, with China building gold reserves as if preparing for a major systemic or geopolitical shock.
This article is for informational purposes only and does not constitute investment advice.
