WallStreetPR Releases Report on China’s Gold Purchases and African Mining Investment
Dallas, TX, USA, August 12th, 2026, FinanceWire
WallStreetPR, a financial news and publishing company, today released a report examining China’s central bank gold purchases and the accompanying expansion of Chinese mining capital into Africa’s gold sector. Read the full report at WallStreetPR
Report Highlights
According to the report:
The People’s Bank of China added roughly 15 tonnes of gold in June, its largest monthly purchase in nearly three years and its 20th consecutive month of buying — the longest streak since the bank began publishing regular reserve data in 2015.
The purchase came as spot gold fell more than 11% in June, posting its worst month since the 2008 financial crisis and briefly dropping below $4,000 an ounce for the first time since November, pressured by a stronger d...
