Chinese central bank silently ramping up it's gold reserves,Latest data shows in the month of March People's Bank of China (PBOC) added 5 tonnes of gold,and this is fifth consecutive month of gold buying. Now Chinese bank total gold reserves reached at 2,292 Tonnes 

Gold Now accounts for 6.5% of China's total official reserve assets Now this point is clear that world's second largest economy is reinforcing it's financial defenses.

But the officials figures paint one picture, According to the Goldman Sachs research reports China purchased staggered 50 tonnes of gold in February 2025.This is ten times more than what people's Bank of China have declared 

If we observe Goldman Sachs research reports closely China's estimated gold purchase on London(OTC) in last three years.Markets have consistently outpaced the PBOC's reports figures.The pattern visualised on the chart shows wide gap between the light blue bars which is Goldman Sachs Estimates and the red bars which is People's Bank of China's Reports.The February 2025 spike is networthy

This is not isolated trend the above chart shows China have history of underreporting on its gold Acquisition 

If we talk about history during 2015 and 2016 there's was dramatic peak observed in PBoC's reporting as much as 604 tonnes during that cycles. If we observe chart carefully from 2023 to 2025 China's gold buying back on top once again and it Clearly Suggesting that China's aggresive push towords gold reserves 

Many Experts believe that this chinese high value gold buying is mainly to reducing reliance on US dollar and second important thing is that Gold is safe hevan,Gold offers security and stability against currency risks 

Disclaimer:

The information provided in this article is for informational purposes only and is based on publicly available data and research, including estimates from Goldman Sachs and reports from the People’s Bank of China (PBoC).