๐จ๐ณ China Adds Gold in Biggest Monthly Buy Since 2023
Chinaโs central bank added 650,000 ounces (around 20 tonnes) of gold to its reserves in August, marking its biggest monthly purchase since October 2023.
The move extended Chinaโs gold-buying streak to 22 consecutive months, taking its total holdings to about 76.73 million ounces.
The continued accumulation comes as central banks increasingly diversify their reserves with gold.
Why such sudden investment on gold by the dragon?๐ค
Something big soon? ๐คฏ
๐จ๐ณ China Adds Gold in Biggest Monthly Buy Since 2023 Chinaโs central bank added 650,000 ounces (aroun
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