Weekend data on surging Chinese gold reserves - March buying of 11.2 tons of gold

Author: Eamonn Sheridan | Category: News

In addition to forex reserves, data released on China's gold holdings was released over the weekend

Gold reserves up for the fourth consecutive month
  • People's Bank of China raised reserves to 60.62 million ounces in March
March inflow was 11.2 tons
  • this compares to February's at +9.95 tons, January +11.8 tons, December +9.95 tons 

In addition to forex reserves, data released on China's gold holdings was released over the weekend
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