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The push and pull of central bank gold: China buys 5 tonnes and Turkey monetizes 118 tonnes in March
Central bank gold demand continues to play an important role in the marketplace as prices have managed to hold critical long-term support, and China remains a dominant player in the sector. Updated reserve data from the People’s Bank of China shows that the central bank bought 5 tonnes of gold last month. Krishan Gopaul, Senior Analyst, EMEA at the World Gold Council (WGC), said in a social media post that this is China’s biggest purchase since February 2025. “This also extends its monthly increases to 17 consecutive months,” he said. “Its gold holdings now total 2,313 tonnes.” Analysts have said that, ... (full story)
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- Apr 7, 2026 1:20pm Posted byFundamental Analysis213
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