Kathmandu. China, the world’s second-largest economy, is playing the big game, and the whole game is played around gold. <\/p>\n
According to official data, China has been continuously increasing its gold reserves. China has been buying gold for the last 20 months. <\/p>\n
This Chinese gold game is not just seen as a safe investment. Because China is increasing its reserves even after the price of gold has fallen. <\/p>\n
Highest gold purchase in 2 and a half years<\/strong><\/span><\/p>\n }<\/p>\n According to a Reuters report, China’s central bank significantly increased its gold reserves in June. Last month’s gold purchase was the biggest monthly purchase in more than 2.5 years. It was the 20th consecutive month of continuous gold purchases by the Chinese central bank. <\/p>\n With the latest purchase, China’s gold reserves reached 75.4 million ounces by the end of June. In May 2026, a month earlier, it was 7,49,60,000. <\/p>\n According to the People’s Bank of China’s gold reserves, the increase of 480,000 ounces is equivalent to about 15 metric tons. That’s the biggest monthly increase since October 2023. In early May, the People’s Bank of China added 320,000 ounces of gold to its reserves. <\/p>\n China’s gold reserves are worth $303.72 billion. It was $340.75 billion in the previous month. <\/p>\n In the international market, the price of spot gold has decreased by 11.65 percent in the international market. That’s the worst drop since October 2008. In the short term, gold fell below $ 4,000 an ounce. <\/p>\n Why is China so focused on gold?TAG_OPEN_strong_25 <\/strong><\/span><\/p>\n The big question is, why is China increasing its reserves even though gold is cheaper? What is China’s strategy on gold and why is it playing this game of gold? It should be noted that China is constantly focusing on gold to strengthen its economy and strengthen its grip on the global economy. <\/p>\n China’s continued gold purchases are not just an investment, but part of a long-term economic strategy. It is reducing its dependence on the U.S. dollar and adding other safe assets, such as gold, to its foreign exchange reserves. Gold has always been considered a safe haven asset in times of disaster or global tension. It can be extremely useful in adverse conditions and is not controlled by any other country. <\/p>\n However, China continues to buy gold as a safety net. The move could keep the price of gold high globally and its impact could be felt globally. \u2013Agency<\/p>\n","protected":false},"excerpt":{"rendered":" Kathmandu. China, the world’s second-largest economy, is playing the big game, and the whole game is played around gold. According to official data, China has been continuously increasing its gold reserves. China has been buying gold for the last 20 months. This Chinese gold game is not just seen as a safe investment. Because China […]<\/p>\n","protected":false},"author":16,"featured_media":274430,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45044,45159],"tags":[],"class_list":["post-306109","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international-news-en","category-news-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/306109","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=306109"}],"version-history":[{"count":1,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/306109\/revisions"}],"predecessor-version":[{"id":306110,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/306109\/revisions\/306110"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/274430"}],"wp:attachment":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=306109"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=306109"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=306109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}