China’s central bank, the People’s Bank of China, added 8 tonnes of gold in April, its largest monthly increase since December 2024, according to the provided update. The move followed a 5-tonne purchase in March, making the March-April period the second-largest two-month addition since the first quarter of 2024. The report also says the latest increase marked an 18th straight month of official gold purchases, underscoring continued reserve accumulation by the central bank. Gold buying by central banks is commonly watched by financial markets as a signal of reserve diversification and long-term balance sheet positioning.