China Gold Imports Rose 73% In April, Highest In Nearly A Year

May 29, 2025

Even though China is traditionally known as a price sensitive buyer in the gold market, their imports in April spiked 73% month over month to the highest level in nearly a year.

So, in case you're wondering how they're responding to the tariff war, there's one part of the answer.

Arcadia Economics

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USA has the world’s largest holdings of gold: 8,134 - representing 77% of its Total Foreign Reserves.
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