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
3.15W
Share to:
Collect
Hot List Ranking
- Go upstream! Amid the sell-off of U.S. bonds, Oak Tree, TCW, Sona and other institutions began to bargain at discountsCristiano
- Taking history as a lesson, if a stock market crash occurs, how will the Federal Reserve rescue the market?Evelyn
- Semiconductor tariffs are temporarily exempted, and Bank of America is optimistic about the following outstanding stocksCristiano
- What a coincidence? Republican Congressman Marjorie bought technology stocks and sold U.S. bonds before Trump suspended reciprocal tariffsCristiano
- Trump's tariff policy reverses again: semiconductor tariffs will be implemented in one or two months!Hawk News
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.。
·Original
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.
Guess what you like