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China Reports 16th Straight Monthly Gold Purchase in February

China Reports 16th Straight Monthly Gold Purchase in February

Official data cited in the source says China added 1 tonne of gold in February, bringing cumulative purchases during the current streak to 50 tonnes.

Fact Check
The core facts of the claim—the 16th consecutive month of buying in February 2026 and the addition of approximately 1 tonne (0.03 million ounces)—are directly supported by official PBOC data cited in primary news sources like Reuters and Mining.com. The cumulative 50-tonne figure for the current streak (starting late 2024) aligns with the reported 27 tonnes added in 2025 plus the smaller additions in late 2024 and early 2026.
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Terms & Concepts
  • Gold reserves: Official gold held by a central bank or monetary authority as part of national reserve assets.