The Real Story Behind China's Gold Demand and Reserves Despite speculation that China’s People’s Bank of China (PBOC) drove gold prices to an all-time high in May, its official gold reserves, though growing, are not exceptionally large compared to other countries. China’s gold reserves constitute less than 5% of its total forex reserves. However, China remains the world’s largest gold importer and producer, highlighting strong overall demand for gold. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Argentina's $5 Billion Gold Gambit: Reserves Moved for Potential Collateral READ MORE Citi's Bullish Forecast for $3,000 Gold in 2025 READ MORE Financial Anxiety Surges: 4 in 10 Americans Worried About Paying Bills READ MORE RBI Relocates 100 Tons of Gold from UK to India, More Expected READ MORE US Mortgage Rates Dip Slightly to 6.63%, Offering Hope to Homebuyers READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment