China Adds 26 Tonnes of Gold to Reserves in October
The PBOC reported gold holdings of 78.30 million troy ounces at October-end, up 830,000 ounces from September. The purchase extended its record buying streak despite a 7% price drop.
The People’s Bank of China (PBOC) increased its reported gold holdings to 78.30 million troy ounces at the end of October, up 830,000 ounces from September. The latest addition highlights Beijing’s continued reserve accumulation as global precious metals markets experience significant price volatil…