China's central bank increased its gold reserves by 23 tonnes in September, marking the largest monthly purchase since October 2023, bringing total official holdings to 2,410 tonnes. Despite a price pullback in September, gold ETFs in China saw strong inflows totaling 11 tonnes, continuing a three-month growth streak and pushing Q3 inflows to a record level. Seasonal demand for gold jewelry, bars, and coins also rose due to price moderation and upcoming holidays, although overall wholesale demand remains below historical norms. The combination of geopolitical tensions, inflation concerns, and portfolio diversification amid weak equity markets supports ongoing gold investment demand in China.
China's gold reserves grew by 23 tonnes in September, the largest monthly increase since October 2023, with total official holdings at 2,410 tonnes. For readers following US stocks on Pluang, here is the market snapshot as of Oct 16, 2026 01:21 WIB: out of 150 priced stocks, 111 rose and 39 fell. Notable movers include Macy's Inc (M) up 6.53% at USD 24.16 with a typical hold time of 58 days, Nike Inc (NKE) up 6.52% at USD 37.60 with 54% sell order activity and a 155-day hold time, and Lucid Group Inc (LCID) up 5.78% at USD 3.48 with 97% sell order activity and a 45-day hold time.
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