China Adds Gold for 20th Straight Month as Reserves Hit 75.44M Ounces

China’s central bank extended its gold-buying streak to 20 consecutive months in June 2026, lifting holdings to 75.44 million troy ounces from 74.96 million in May. The reported value of reserves fell to $303.72 billion from $340.75 billion as gold prices declined for a fourth straight month. Persistent official-sector accumulation reinforces long-term structural demand for bullion even while near-term XAU/USD price action remains muted.