China has reportedly acquired more gold than publicly disclosed

China

First seen: Aug 26, 2026, 9:46 PM UTCUpdated: Aug 27, 2026, 6:47 AM UTC

WHAT HAPPENED

A report says China has quietly acquired substantially more gold than official figures indicate, amid discussion of a potentially gold-backed renminbi.

SO WHAT?

Large-scale reserve changes could affect global gold markets and monetary strategy.

FOR ME

Impact on Switzerland

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MARKETS

Market impact

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COVERAGE

Reports behind this event

finance.yahoo.comen

Bitcoin's Correlation With Gold Is Suddenly on the Upswing. Are Investors About to See the Return of Bitcoin as "Digital Gold"?

Aug 27, 2026, 6:47 AM UTC

finance.yahoo.comen

Scott Bessent Predicted a Potentially Gold-Backed Renminbi in 2023: Now, China Has Quietly Acquired 'Far More Gold' Than Reported

Aug 26, 2026, 9:46 PM UTC