China's Central Bank Extends Gold Buying Streak to 24 Months - Seoul Economic Daily

China's central bank extended its gold purchasing streak to 24 consecutive months, according to Seoul Economic Daily, continuing a sustained accumulation program that has drawn close attention from global markets. The milestone underscores how official-sector demand has become a persistent feature of the gold market rather than a short-term reaction to price moves.

Central bank buying matters because it represents a slower-moving, policy-driven source of demand. Reserve managers typically frame gold purchases as part of diversification and reserve-stability objectives rather than tactical trading, so sustained programs can influence market expectations even when monthly volumes are modest. A multi-year streak also offers a visible signal about how one of the world's largest reserve holders views gold's role within its broader reserves.

What to watch: the pace of future monthly additions, any official commentary on reserve composition, and whether other central banks adjust their own buying in response. For observers, the key question is whether this streak reflects a durable strategic shift or routine rebalancing. Either way, the data point adds context for interpreting gold's recent resilience and the broader conversation about reserve diversification.