China’s central bank, the People’s Bank of China (PBOC), increases gold reserves for a 20th consecutive month, extending the longest buying streak in at least a decade. Multiple outlets report that the PBOC adds gold in June despite volatility and a decline in global bullion prices. Bloomberg and the South China Morning Post say the PBOC purchases the most gold since 2023, continuing a streak that began in 2015 at the latest. The South China Morning Post also reports the scale of the June addition: 480,000 troy ounces (about 14.93 tonnes), lifting total reported gold holdings to 75.44 million troy ounces (about 2,346 tonnes) at the end of June. NDTV similarly describes the June increase as the largest monthly gain since October 2023 and notes that it follows a sharp fall in bullion prices. Across the reports, the purchases are framed as part of an ongoing effort to diversify reserves, with some coverage linking the accumulation to broader discussions around reducing reliance on the US dollar.