China’s Central Bank Adds Gold for Seventh Straight Month in May

China Continues Gold Buying Spree in May

People’s Bank of China Adds to Gold Holdings for 7th Month

China’s central bank continued to build up its gold reserves in May 2025, extending its gold-buying streak to seven consecutive months. The People’s Bank of China (PBoC) added 60,000 troy ounces to its reserves, bringing the total to 73.83 million troy ounces.

Strategic Reserve Shift Reflects Global Diversification Trend

This sustained accumulation highlights China's intent to diversify away from the US Dollar and bolster its monetary stability amid global macroeconomic uncertainty. The move mirrors a broader trend among global central banks increasing gold allocations to protect against geopolitical and currency risks.

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Impact on Gold Prices and Market Sentiment

The steady increase in gold reserves by the world’s second-largest economy continues to support gold prices and boost investor confidence in the long-term demand for bullion. The XAU/USD pair may find renewed buying interest as central bank activity underscores gold’s safe-haven appeal.