# China Extends Gold-Buying Streak to 23 Months With $3.1 Billion Purchase

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/27555
Published: 2026-10-07T17:03:05.000Z
Updated: 2026-10-07T17:03:05.000Z
Section: Investing

> China bought 740,000 ounces in its latest purchase. Its 23-month accumulation totaled 4.67 million ounces valued at about $19.5 billion.

China bought 740,000 ounces of gold in its latest purchase, extending its reserve accumulation streak to 23 consecutive months and bringing total holdings to roughly $323.5 billion.

The latest addition was valued at approximately $3.1 billion. China accumulated 4.67 million ounces over the 23-month period, with the purchases valued at about $19.5 billion.

China’s total gold reserve holdings are valued at roughly $323.5 billion.