Gold Price Today: China Is Buying Gold at a Record-Breaking Pace
China’s appetite for gold is reaching record territory in 2026, adding another important piece to the longer-term demand story for the precious metal. Fresh customs data show that China imported 1,141 tonnes of gold during the first eight months of 2026, the highest amount on record for the January-August period. Imports through August have already surpassed the amount purchased during the entirety of 20255.