May imports of 163 metric tons signal strong demand as bullion prices remain 25% below early 2026 peaks.
China’s gold imports climbed to 163 metric tons in May, the highest monthly total in over two years. The increase reflects sustained buying interest as bullion prices trade 25% below their early 2026 highs, attracting the world’s largest gold consumer.
Year-to-date imports rose 76%, underscoring robust demand despite broader economic uncertainties. The prior two-year peak was last exceeded in early 2024, when prices were significantly lower.
No immediate market reaction was reported, though the trend highlights China’s ongoing role in global gold demand dynamics.