Archive · 14 Sep 2025
China Eases Gold Trade Rules to Diversify Reserves
China is changing its rules about buying and selling gold to make it easier.
The country wants to buy more gold because it is worried about things like the US dollar and wants to be prepared for anything that could happen in the world.
The PBOC is making it simpler to get permission to trade gold.
They are allowing more places to process gold trades and making the permits valid for longer.
China is also buying a lot of gold.
Many people in China want to buy gold too.
This has caused the price of gold to go up a lot this year.
China is relaxing regulations for gold imports and exports.
The PBOC aims to expand 'multi-use permits' for faster transactions.
Changes include more authorized ports, longer permit validity, and removing usage limits.
The policy builds on 2016 reforms to streamline gold trade.
China's gold reserves have been increasing, and domestic demand remains strong.
- Who
- People's Bank of China (PBOC)
- What
- Proposing to ease regulations on gold imports and exports.
- When
- Currently open for public consultation, policy builds on 2016 reforms.
- Where
- China
- Why
- To diversify reserves away from the US dollar and enhance the business environment.
- Policy Aim
- Simplify gold import/export, enhance business environment
- Policy Type
- Draft Proposal
- Lead Agency
- People's Bank of China (PBOC)
- Public Feedback Deadline
- October 13
- Gold Price Increase (YTD)
- Approximately 40%