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
2.88W
Share to:
Collect
Hot List Ranking
- What offers has Trump made so far?Cristiano
- Ningde Times: Will build a large-scale energy system,"ten times" larger than the battery businessGareth
- The dollar rose to 155 against the yen, and the Bank of Japan may interveneGareth
- U.S. inflation data ruins goldCristiano
- Why should we invest in gold instead of stocks in 2025?Cristiano
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