China central bank extends gold buying streak to 15 months
The People's Bank of China increased its gold holdings for a 15th straight month in January. Total reserves reached 74.19 million ounces amid market volatility.
The People's Bank of China (PBOC) extended its gold purchases for a 15th consecutive month in January, according to data available on February 7, 2026. The central bank of China 
CN increased its reported gold holdings to 74.19 million fine troy ounces. This persistent accumulation has significantly boosted the reported value of the nation's gold reserves, which rose from $319.45 billion to $369.58 billion on a month-over-month basis.
CN increased its reported gold holdings to 74.19 million fine troy ounces. This persistent accumulation has significantly boosted the reported value of the nation's gold reserves, which rose from $319.45 billion to $369.58 billion on a month-over-month basis.This development is material because it alters the reported size and composition of the reserves of China CN at scale. The ongoing activity occurs alongside recent volatility in the spot gold market and documented shifts in domestic gold consumption and retail demand. The China Gold Association has tracked these evolving patterns as the precious metals/gold sector reacts to the central bank's steady acquisition strategy.
CN at scale. The ongoing activity occurs alongside recent volatility in the spot gold market and documented shifts in domestic gold consumption and retail demand. The China Gold Association has tracked these evolving patterns as the precious metals/gold sector reacts to the central bank's steady acquisition strategy.
