Bullion Club Research · Volume III
Chinese investors
Chinese investors
bought 46.4% more gold
at a record price.
China's Q1 2026 gold figures came out this week. Investor demand for bars and coins rose 46.4%. Jewellery demand fell 37.1%. Same gold, same country, same three months.
Inside the briefing
- iWhy investor demand rose 46.4% at a record price.
- iiWhat the 37.1% drop in jewellery tells us.
- iiiWhy PBOC's 5-month buying streak sets the floor.
- ivWhy Western ETF buyers came back in Q1.
- vWhich form of gold a UK investor can buy without paying tax on the gain.
