China's 17 Month Gold Spree: Why Central Banks Bought 244 Tonnes In Q1 | Dominic Frisby

About this episode

Dominic Frisby discusses the significant gold purchases by central banks, particularly focusing on China's hidden gold reserves.

Central banks acquired 244 tonnes of gold in the first quarter of 2026, marking 10 out of the last 11 quarters where sovereign purchases exceeded 200 tonnes. Jeremy Szafron anchors an exclusive 45 minute deep dive with financial historian and author Dominic Frisby to uncover the reality of this massive sovereign accumulation. In this masterclass interview, Frisby reveals why China’s official reserve number of 2,300 tonnes is masking a true stockpile that could be closer to 30,000 tonnes. He ...

People in this episode

Host: Jeremy Szafron

Guest: Dominic Frisby

Topics covered

• gold acquisition
• central banks
• China's gold reserves
• financial history
• sovereign purchases

Keywords

• gold
• central banks
• China
• Dominic Frisby
• sovereign accumulation
• financial historian
• gold reserves

Mentioned in this episode

Organizations: Kitco Media

Places: China

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