According to a report by ZeroHedge, China acquired 35 tonnes of gold in July through undisclosed channels. This figure significantly exceeds the 20 tonnes that the People’s Bank of China officially reported adding to its reserves during the same month.
Global central banks purchased a total of 44 tonnes of gold in July, as noted by the World Gold Council. China’s activity represents the majority of this volume, suggesting a more aggressive accumulation strategy than official statements imply.
Market analysts are tracking these developments as a potential shift in reserve management. While prediction markets currently assign a 0.4% probability to gold reaching $15 000 by the end of December 2026, increased demand from China may influence future price trends.
Participants in the market are evaluating how these undisclosed acquisitions might impact global gold prices. Observers are advised to monitor future disclosures from the People’s Bank of China and broader shifts in monetary policy for further indicators.
