China’s gold imports climbed to 173 tonnes in June, making it the country’s largest monthly intake since March 2024. The latest figure highlights a sharp pickup in bullion entering the Chinese market after softer months earlier in the year.
Based on the report cited by the source, June stood out as a particularly strong month for gold flows into China. The increase suggests a clear rebound in import activity and puts the latest reading at the highest level seen in more than a year.
The move is notable because China remains one of the world’s most important gold markets. When the country’s import volumes rise this quickly, the data often draws attention from traders and analysts tracking physical demand and broader sentiment around precious metals.
The report also pointed to a separate market view showing only a 0.9% chance of gold reaching $4,500 by July 2026. That comparison underscores that while China’s June gold imports were strong, longer-term price targets for gold remain uncertain.
