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![KobeissiLetter Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::3316376038.png) The Kobeissi Letter [@KobeissiLetter](/creator/twitter/KobeissiLetter) on x 948.4K followers
Created: 2025-07-17 19:55:00 UTC

Chinese gold demand is skyrocketing:

Chinese gold ETF demand hit a record XX tonnes in Q2 2025, up from XX tonnes in Q1.

This brings total H1 2025 demand to XX tonnes, an all-time high.

As a result, total ETF holdings jumped +74% YoY to XXX tonnes.

Meanwhile, China’s central bank added +2 tonnes in June, lifting official reserves to a record XXXXX tonnes.

Furthermore, Goldman Sachs estimates that China unofficially bought XX tonnes in May on the London market, X times the officially reported figure.

China’s appetite for gold has never been stronger.

![](https://pbs.twimg.com/media/GwEndyfWUAEUY8u.png)

XXXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1945935285302276468/c:line.svg)

**Related Topics**
[alltime](/topic/alltime)
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[stocks financial services](/topic/stocks-financial-services)

[Post Link](https://x.com/KobeissiLetter/status/1945935285302276468)

[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

KobeissiLetter Avatar The Kobeissi Letter @KobeissiLetter on x 948.4K followers Created: 2025-07-17 19:55:00 UTC

Chinese gold demand is skyrocketing:

Chinese gold ETF demand hit a record XX tonnes in Q2 2025, up from XX tonnes in Q1.

This brings total H1 2025 demand to XX tonnes, an all-time high.

As a result, total ETF holdings jumped +74% YoY to XXX tonnes.

Meanwhile, China’s central bank added +2 tonnes in June, lifting official reserves to a record XXXXX tonnes.

Furthermore, Goldman Sachs estimates that China unofficially bought XX tonnes in May on the London market, X times the officially reported figure.

China’s appetite for gold has never been stronger.

XXXXXXX engagements

Engagements Line Chart

Related Topics alltime h1 fund manager goldman sachs stocks financial services

Post Link

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