(Kitco News) – China’s gold imports reached their highest monthly level in over two years in May, with the world’s number-one gold market showing a strong appetite for bullion as prices remained 25% below their early 2026 highs.China imported approximately 163 tonnes of gold last month, the largest monthly total since March of 2024, according to the latest customs data released over the weekend. Bullion import volumes year-to-date totaled around 692 tonnes through May, a 76% increase from the same period in 2025.