Highest purchase volume in over a year

China’s central bank increased gold reserves by approximately five metric tons in March, marking its largest monthly purchase in over a year and extending its accumulation streak to 17 consecutive months, even as bullion prices came under pressure during the Iran conflict.

The People’s Bank of China added roughly 160,000 troy ounces of gold in March, reinforcing its role as a steady source of demand in the global bullion market amid heightened geopolitical volatility and shifting rate expectations.

https://www.zerohedge.com/news/2026-04-09/chinas-pboc-aggressively-buys-march-gold-dip