# China's Gold Buying Surge

> China imports over 1,000 tons of gold in eight months as prices dip, accelerating de-dollarization.
- Title: China's Gold Buying Surge · BigGo Finance | Shortify
- Summary: China imports over 1,000 tons of gold in eight months as prices dip, accelerating de-dollarization. China's gold imports surged to 1,000+ tons in eight…
- Keywords: people's bank of china, gold imports, us treasuries, china economy, central bank, gold price, de-dollarization, property market, stock market, finance, markets, China's
- Source: BigGo Finance — https://finance.biggo.com/news/fcea59f3-ac0c-4d61-b339-c4dac9d5ff01
- Author: BigGo Finance
- Published: 2026-10-12T11:25:34+00:00
- Read time: 1 min
- Topics: people's bank of china, gold imports, us treasuries, china economy, central bank, gold price, de-dollarization, property market, stock market, finance, markets
## China's Gold Buying Surge
China imported over 1,000 tons of gold in the first eight months of this year alone.
## Record Monthly Purchase
The People's Bank of China purchased approximately 23 tons of gold in September, extending its buying streak to 23 consecutive months.
## Spending on Gold
China spent $158.8 billion on gold imports in the January, August period.
## Price Decline
Gold prices dropped from $5,500 per ounce to around $4,176 in a single month.
## Diversification Strategy
China's U.S. Treasury holdings fell to $618 billion as of July, the lowest level in 18 years.
## Economic Slowdown
China's property market and stock market underperformed amid a multi-year slump.
## Analyst Outlook
State Street Global Advisors forecasts gold prices to reach $4,750, $5,500 per ounce by end of Q1 2027.
## Market Impact
Gold prices held above summer levels despite rising U.S. Treasury yields and rate hike expectations.
## Key takeaway

China's gold imports surged to 1,000+ tons in eight months, spending $158.8 billion, to diversify away from U.S. Treasuries amid economic slowdown.