China imported 173 tonnes of gold in June 2026, highest since March 2024
First-half 2026 imports reached about 820 tonnes, marking the second-largest H1 total on record and signaling continued strong bullion demand.
Fact Check
The primary claim—173 tonnes of gold imported in June 2026, the highest since March 2024—is confirmed by multiple credible sources reporting Bloomberg/official customs data, including Kitco News and The Edge Singapore, plus IndexBox. Kitco confirms it was the third consecutive monthly increase, up from May's 163 tonnes. The secondary H1 ~820 tonnes / 'second-largest H1 on record' figure appears in the Kobeissi Letter X post; Kitco's cited 692 tonnes through May plus June's 173 tonnes (~865) is broadly consistent with a very high H1 total near a record, so the H1 framing is plausible though the exact 820 number is not independently pinned down in the verified news reports. Overall the claim is well supported.
Summary
China brought in 173 tonnes of gold in June 2026, the largest monthly import volume since March 2024. First-half 2026 imports reached about 820 tonnes, the second-largest total for the first six months on record. The figures point to sustained bullion demand in China, with the source characterizing Beijing as not slowing down.
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