China’s Gold Boom: Record ETF Inflows & PBOC Buying 🏛️🇨🇳🥇
Record ETF Inflows: Chinese gold ETFs saw a record 44 Billion Yuan ($6.2B) inflow in January 2026—the strongest start to any year on record. Total holdings hit an all-time high of 286 tons. 📌
Festival Demand: Physical withdrawals from the Shanghai Gold Exchange reached 126 tons in January as retailers restocked for the 9-day Spring Festival (Feb 15–23). 🏛️
PBOC Accumulation: The People's Bank of China extended its buying streak to 15 months, adding 1.2 tons in January. Total reserves now stand at 2,308 tons. ⚡
Reserve Milestone: Gold now accounts for 9.6% of China's total foreign exchange reserves, reflecting a strategic shift away from the US dollar. 📊
Price Surge: Chinese gold prices surged 19% in January, briefly touching record highs before consolidating near ¥1,120/gram in early February. 📈
⚠️ For awareness only.
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(NFA)(DYOR).
