Business

China’s Record Gold Imports Spark Market Concerns

Updated 2026-10-12 01:10 UTC 1 source Neutral

China is importing a record amount of gold, driven by efforts to diversify away from the US dollar and rising household savings. This move could impact global gold prices.

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CNBC
Beijing’s push to diversify away from the dollar and Chinese households’ search for a safe place to put their savings has fueled China’s record gold buying.
2026-10-12 00:51 UTC
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