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China Gold Hunt: Experts Predict Massive Surge in Gold Prices by 2027!
- •China has imported a record-breaking 1,000 tonnes of gold in the first eight months of 2026, valued at approximately $158.8 billion.
- •The People's Bank of China and ordinary households are rapidly accumulating gold to reduce over-reliance on the US dollar and as a safe haven amid the real estate crisis.
- •Global gold demand reached 2,522 tonnes in the first half of 2026, driven by aggressive central bank purchases and steady over-the-counter investments.
- •Financial experts warn that due to surging global demand, the price of gold could exceed Rs. 2 lakh per 10 grams by 2027.
Key Questions Answered
China imported a record 1,000 tonnes of gold valued at approximately $158.8 billion between January and August 2026, surpassing the previous record of 886 tonnes for the entire year of 2025 in just eight months.
According to analysts like Carsten Menke at the Julius Baer Group, China is accumulating gold as a strategic plan to reduce its over-reliance on the US dollar and US Treasuries. Additionally, ordinary households and corporations are turning to gold as a safe investment due to the country's prolonged real estate crisis.
Continued demand from China, combined with domestic festival season demand and international price trends, is expected to support Indian markets and drive gold prices higher. Driven by this increasing global demand, experts predict gold prices could exceed Rs. 2 lakh per 10 grams by 2027.
