Buying more than $80 billion, China's central bank increased its gold holdings for nine consecutive months
Hawk_Finance
2023-08-08 18:00:05
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On August 7, the latest data released on the official website of the People's Bank of China showed that as of the end of July this year, China's central bank gold reserves were 68.69 million ounces, an increase of 740,000 ounces over the previous month.。Since November last year, China's central bank has increased its gold holdings for nine consecutive months, and the size of China's gold reserves has increased from 62.64 million ounces to 68.69 million ounces, with a cumulative increase of 6.05 million ounces.。If calculated at the average interval price, the total cumulative increase in holdings exceeds 80 billion yuan.。
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