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China's central bank has increased its gold holdings for 11 consecutive months, up 24 tons from the previous month.

On October 7, according to data released by China's State Administration of Foreign Exchange, as of the end of September 2023, the size of China's foreign exchange reserves was $3115.1 billion, down $45 billion from the end of August, or 1.42%。Meanwhile, data from the People's Bank of China's official website showed that gold reserves stood at 70.46 million ounces at the end of September, up 840,000 ounces from the previous month, the 11th consecutive month of increased gold reserves.。

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