China’s central bank adds 20.2 tonnes of bullion in August
Peoples Bank of China added approximately 20.2 tonnes of bullion in August, extending its gold-buying streak to 22 consecutive months. The addition was its largest monthly purchase since October 2023.
Gold prices received a powerful signal from a major reserve manager. 2 tonnes of bullion in August, extending its gold-buying streak to 22 consecutive months. It was China's largest monthly addition since October 2023, despite elevated prices. That str…