GOLD NEWS

China’s Secret Gold Hoard Exposed: What UK Exports Just Revealed

Tue Feb 18 2025

Western analysts have long speculated that the Chinese Communist Party has been underreporting its Gold purchases, raising concerns about the true scale of its stockpile. In late 2024, official data from China revealed a six-month hiatus in Gold buying by the central bank, which seemed to contradict previous patterns of acquisition.

However, this official pause in purchases contrasted with other data sources, such as records published by the UK government. These records, which track the export of non-monetary gold, revealed that China was still actively buying gold from London during this period, often when Gold was trading at lower prices locally.

This discrepancy between China’s official declarations and international trade data has fueled ongoing speculation about the true extent of China’s Gold reserves and the strategic motives behind its purchasing behavior.

Source: https://auronum.co.uk/