Gold Research
Goldman Sachs note hints China's real gold accumulation may be much more than double official numbers
Earlier: Bernstein lifts 2026 gold target to $4,533 on central bank buying, muted Fed hikes --- China's gold buying may be running at nearly five times what the official numbers show, according to Goldman Sachs. Goldman Sachs' estimates point to central bank gold demand running well ahead of what official reserve figures capture, with China's actual purchases potentially several times the reported numbers.
Earlier: Bernstein lifts 2026 gold target to $4,533 on central bank buying, muted Fed hikes --- China's gold buying may be running at nearly five times what the official numbers show, according to Goldman Sachs. Goldman Sachs' estimates point to central bank gold demand running well ahead of what official reserve figures capture, with China's actual purchases potentially several times the reported numbers.
Report details
Earlier: Bernstein lifts 2026 gold target to $4,533 on central bank buying, muted Fed hikes --- China's gold buying may be running at nearly five times what the official numbers show, according to Goldman Sachs. Goldman Sachs' estimates point to central bank gold demand running well ahead of what official reserve figures capture, with China's actual purchases potentially several times the reported numbers.
- Goldman Sachs
- $4,533/oz
- 2026
- 2026-07-19
- Source: https://investinglive.com/commodities/goldman-sachs-note-hints-china-s-real-gold-accumulation-may-be-much-more-than-double-official-numbers
Topics: Goldman Sachs, gold research report, gold price target