China acquired more than 40 tonnes of gold in June through the London over-the-counter (OTC) market, marking its second-largest monthly purchase since early 2025. The People’s Bank of China has not officially reported purchases at that level, suggesting China’s actual accumulation may exceed its disclosed figures. The buying extends the country’s continuous gold-purchase streak to 20 months and reinforces speculation that China is strengthening gold’s role as a reserve asset. Markets may view continued central-bank demand as supportive of gold prices and a potential influence on global markets. Investors are watching subsequent purchases, official reserve disclosures, any People’s Bank of China announcements on buying or policy, U.S. Federal Reserve decisions and geopolitical developments. These indicators could shape expectations for future gold-price increases. The material also promotes live prediction-market analysis powered by Vera and invites users to sign up.