Buying gold for 22 consecutive months! China's gold reserves reached 2,386.57 tonnes in August
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On September 7, according to the latest data released on the official website of the People's Bank of China, China's gold reserves at the end of August were approximately 2,386.57 tons (76.73 million ounces), an increase of about 20.22 tons (650,000 ounces) compared to the previous month. This increase is larger than in July, when gold reserves at the end of the month were around 2,366.35 tons (76.08 million ounces).
This marks the 22nd consecutive month that China has increased its gold holdings, with a cumulative increase of about 122.24 tons (3.93 million ounces) during this period.
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