China’s central bank (PBoC) has continued its gold buying streak for the sixth consecutive month, adding 70,000 ounces (just over 2 tons) to its reserves in April. However, this represents a declining trend in monthly purchases, down from nearly 3 tons in March, 5 tons in January and February, and over 10 tons in December. Since resuming gold purchases last November, the PBoC has acquired a total of 970,000 ounces (about 30 tons)—significantly less than previous buying sprees when it purchased similar amounts in a single month. Commerzbank analyst Carsten Fritsch suggests this reduced buying interest might be connected to rising gold prices or could indicate unreported purchases.

Articles
Gold Price Drop March 2026: Why Gold Fell During an Oil Shock
The Strait of Hormuz is one of the world’s most critical energy chokepoints, carrying a massive share of global oil and LNG trade. Any disruption here can ripple through energy markets, influence inflation, and potentially drive demand for safe-haven assets like gold.






