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People’s Bank of China raises gold reserves by 26 tonnes in October despite price drop

November 8, 2026 1 min readBy CoinTurk News
People’s Bank of China raises gold reserves by 26 tonnes in October despite price drop

📈 People’s Bank of China raised gold reserves by 26 tonnes in October, extending its buying streak. 🪙 Despite a nearly 7% drop in gold prices, the PBOC kept accumulating the precious metal in October 2026. 🇨🇳 China has now reported 24 consecutive months of gold accumulation in $XAUUSD holdings.

Continue Reading: People’s Bank of China raises gold reserves by 26 tonnes in October despite price drop