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China Gold

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China's Gold imports 2 X in July & continue 9 months of Gold purchase by China's Central Bank. The positives for Gold just keep stacking up. With Central Bank's around the world continuing their purchases of Gold & Global demand over 1,000 metric Ton's again this year, for a 3rd consecutive year.

Lot's of forecast's for Gold to finish the year around the $4,000/oz ( USD ) mark. I see this as possible if the US FED starts a rate cutting cycle in September. It will be an interesting few month ahead to the end of 2025.

China's net gold imports via Hong Kong more than doubled in July​

Published on 08/26/2025 at 07:36 am EDT - Modified on 08/26/2025 at 07:36 am EDT - Reuters

(Reuters) -China's net gold imports via Hong Kong rose 126.81% in July from June, Hong Kong Census and Statistics Department data showed on Tuesday.


WHY IT'S IMPORTANT - As the world's leading gold consumer, China's purchasing activities can significantly influence global gold markets.
The Hong Kong data may not provide a complete picture of Chinese purchases, as gold is also imported via Shanghai and Beijing.

BY THE NUMBERS - Net imports via Hong Kong to China for July stood at 43.923 metric tons, compared to 19.366 tons of net imports in June.
China's total gold imports via Hong Kong reached 58.296 tons in July, down 67.91% from 34.719 tons in June.

CONTEXT - China's central bank added gold to its reserves in July, its ninth consecutive month of purchases, official data showed earlier this month.
Global gold demand including over-the-counter (OTC) trading rose by 3% year-on-year to 1,248.8 metric tons in the second quarter of 2025 as investment jumped 78%, the World Gold Council said last month.
 
may be overlap

Peru's gold exports to China through June overtake all 2024​


BY THE NUMBERS

Peru's gold exports to China reached $947 million in the first half of 2025, up nearly four times from the same period last year. That figure has been steadily rising. Peru exported $885 million in gold to China in 2024, a 410% increase from the $173 million in exports registered in 2023.

Peru's global gold exports surged 46% year-on-year in the six months through June, to total $8.57 billion.

CONTEXT

China ranks fourth as the biggest gold buyer from Peru, after Canada, India and Switzerland.

Local production of the precious metal has grown in recent years, along with concern that increasing amounts come from illegal mines that do not meet environmental regulations and are fueling violence.

(Reporting by Marco Aquino, Writing by Sarah Morland, Editing by Daina Beth Solomon and Sandra Maler)
 
may be overlap

Peru's gold exports to China through June overtake all 2024​


BY THE NUMBERS

Peru's gold exports to China reached $947 million in the first half of 2025, up nearly four times from the same period last year. That figure has been steadily rising. Peru exported $885 million in gold to China in 2024, a 410% increase from the $173 million in exports registered in 2023.

Peru's global gold exports surged 46% year-on-year in the six months through June, to total $8.57 billion.

CONTEXT

China ranks fourth as the biggest gold buyer from Peru, after Canada, India and Switzerland.

Local production of the precious metal has grown in recent years, along with concern that increasing amounts come from illegal mines that do not meet environmental regulations and are fueling violence.

(Reporting by Marco Aquino, Writing by Sarah Morland, Editing by Daina Beth Solomon and Sandra Maler)
Another report on China's continuing purchases of Gold.

Given so many such reports & other stories about unreported Chinese Gold acquisitions, I think China has A LOT more Gold than their Official reported holdings of 2,279 Tons.

I have seen many well presented cases for China having 20,000 + Tons of Gold. The higher end estimates are that China could have up to 30,0000 Tons.

At even 20,000 Tons, China ( especially with Russia's Gold holding as backing ) would be in a strong position to challenge the USA if it does decide to revalue Gold, as the rumor's persist in saying. That could be a chance to definitely challenge the USA's financial dominance.

The BRICS + Group would be a significant force if they can actually implement a Trading Block successfully.
 
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