Investment
Features
FeesSafety
Academy
More
Pluang+

China's gold imports hit record high in August, pushing 2026 total past 1,100 tonnes amid strong demand.

Market News
22 Sep 2026
Kitco
View Source
Bullish
China's gold imports hit record high in August, pushing 2026 total past 1,100 tonnes amid strong demand.

China's gold imports reached a monthly high in August, contributing to a record total of over 1,100 tonnes for 2026 so far, surpassing the entire 2025 imports. Strong investment demand, a robust yuan, and increased approval quotas have made gold imports attractive. The People's Bank of China has also boosted its gold reserves for 22 consecutive months, adding about 80 tonnes in 2026, raising the total official holdings to roughly 2,387 tonnes. This surge reflects China's position as the world's largest gold market amid economic uncertainty and limited investment options, with gold reserves valuation jumping by nearly $44 billion in August alone.

China's gold imports in 2026 provide context as of Sep 22, 2026 19:41 WIB. For readers following US stocks on Pluang, here is the market snapshot: out of 150 priced US stocks, 105 rose and 40 fell today. Notable movers include JetBlue Airways Corporation (JBLU) at USD 4.69 with a 1-day change of +2.63%, United Airlines Holdings Inc (UAL) at USD 117.39 with +2.62%, and Upstart Holdings Inc (UPST) at USD 26.23 with +2.54%.

More News

THOR Industries misses Q4 EPS estimates but beats revenue expectations amid RV market challenges

THOR Industries misses Q4 EPS estimates but beats revenue expectations amid RV market challenges

THOR Industries reported Q4 earnings with an EPS of $0.78, missing analyst estimates and showing a 66.9% drop from last year. Despite this, the company beat revenue expectations with $2.31 billion, though revenue declined 8.4% year-over-year due to w...

Company Fundamentals
Bearish
59 minutes ago
Cracker Barrel earnings expected to drop sharply in Q3 2026, with EPS forecast at $0.17 and revenue down.

Cracker Barrel earnings expected to drop sharply in Q3 2026, with EPS forecast at $0.17 and revenue down.

Cracker Barrel Old Country Store is set to report its Q3 2026 earnings on September 23, with analysts predicting a significant decline. Earnings per share are expected to fall to $0.17 from $0.74 last year, and revenue is forecasted around $834.57 mi...

Company Fundamentals
Bearish
1 hour ago
Abivax gains FDA nod for Obefazimod, backed by strong cash and positive analyst outlook.

Abivax gains FDA nod for Obefazimod, backed by strong cash and positive analyst outlook.

Abivax received positive pre-NDA feedback from the U.S. FDA for its drug Obefazimod, marking a key step in its development. Despite a recent price target cut by Wedbush to $118, analysts maintain a "Moderate Buy" consensus with an average target of $...

Market News
Bullish
1 hour ago
Netflix stock downgraded by HSBC and Wells Fargo over falling viewer engagement.

Netflix stock downgraded by HSBC and Wells Fargo over falling viewer engagement.

HSBC and Wells Fargo have downgraded Netflix stock due to declining subscriber engagement and an 8% drop in viewership time. Despite a recent 2.19% stock gain, Netflix shares have fallen over 40% in the past year amid strong competition and weaker or...

Market News
Bearish
1 hour ago
FormFactor director sells 2,100 shares, signaling insider stock movement

FormFactor director sells 2,100 shares, signaling insider stock movement

A director at FormFactor sold 2,100 shares, indicating a notable insider transaction. Such sales can reflect personal financial decisions or strategic portfolio adjustments by company insiders. Investors often watch these moves for potential signals ...

Market News
Bearish
2 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App