China continue stockpiling gold.
The People’s Bank of China (PBoC) announced another 15 tonnes gold purchase in January, the third consecutive monthly increase.
China's gold reserves rose to 65.12 million ounces at the end of January, up 480,000 ounces from the end of December 2022, data from the State Administration of Foreign Exchange showed Tuesday.
China's foreign exchange reserves rose to 3.1845 trillion U.S. dollars at the end of January, up 1.82% from a month earlier, according to the data.
Reproduction, in whole or in part, is authorized as long as it includes all the text hyperlinks and a link back to the original source.
The information contained in this article is for information purposes only and does not constitute investment advice or a recommendation to buy or sell.