BTCC / BTCC Square / Global Cryptocurrency /
China Accelerates Gold Reserves Amid Crypto Crackdown

China Accelerates Gold Reserves Amid Crypto Crackdown

Published:
2026-02-07 15:45:02
7
1
BTCCSquare news:

China's central bank has extended its gold-buying spree to 15 consecutive months, adding 40,000 troy ounces in January 2026 despite a sharp market correction. Holdings now stand at 74.19 million ounces—valued at $369.58 billion—reinforcing gold's role as a hedge against currency risk and global uncertainty.

The MOVE aligns with a broader trend among central banks, which collectively acquired over 860 tons of gold in 2025. While below peak levels, demand remains historically robust, with annual totals surpassing 5,000 tonnes. Analysts view this sustained accumulation as a price floor stabilizer and a strategic shift away from dollar dependency.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

All articles reposted on this platform are sourced from public networks and are intended solely for the purpose of disseminating industry information. They do not represent any official stance of BTCC. All intellectual property rights belong to their original authors. If you believe any content infringes upon your rights or is suspected of copyright violation, please contact us at [email protected]. We will address the matter promptly and in accordance with applicable laws.BTCC makes no explicit or implied warranties regarding the accuracy, timeliness, or completeness of the republished information and assumes no direct or indirect liability for any consequences arising from reliance on such content. All materials are provided for industry research reference only and shall not be construed as investment, legal, or business advice. BTCC bears no legal responsibility for any actions taken based on the content provided herein.