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China’s central bank is buying the dip in gold

It bought 23 tonnes in September, its biggest monthly purchase in three years.

That’s even as gold fell more than 6% last month to $4,157, over 25% below its January record of $5,595.

September marked China’s 23rd straight month of buying, bringing its 2026 total to 103 tonnes.

Sagar Dua is associated with the financial markets from his college days. Along with pursuing post-graduation in Commerce in 2014, he started his markets training with chart analysis. Eventually, he got well-versed with fundamental concepts and technical analysis. Later, he became an Assistant Professor in a public university and served one year in teaching Business School students. Sagar has been a mentor to various financial markets aspirants. He conducts seminars and webinars on Forex markets and is a motivational speaker.

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