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China extends gold buying streak to 21 months with largest haul since 2023
✓ StockheadMoney & Work

China extends gold buying streak to 21 months with largest haul since 2023

China added 20 tonnes of gold in July, its largest monthly purchase since October 2023. This marks 21 straight months of buying.

Why it mattersChina's steady buying could keep global gold prices high, affecting producers, investors and anyone holding the metal.

AustraliaAustralian gold miners benefit from strong Chinese demand and higher prices as their biggest customer continues aggressive buying.

✓ Claims checked against the source. checked 2 h ago

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