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Gold reserves

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China Halts Gold Buying in May, Ending 18-Month Buying Spree

Leave a Comment / Bitcoin, China, Crypto Hacked, Cryptocurrency, Ethereum, Featured, Gold Purchases, Gold reserves, PBOC, People's Bank of China, World Gold Council / / / , , , , , ,

The People’s Bank of China (PBOC) paused its gold acquisitions in May, ending 18 months of continuous buying as spot gold prices hit record highs. Despite this interruption, the value of China’s gold reserves continued to rise. China Pauses Gold Buying in May China’s central bank, the People’s Bank of China (PBOC), paused its gold […]

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Central Banks Boost Gold Reserves by 33 Tonnes in April

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Global gold reserves rose by 33 tonnes in April, according to the World Gold Council. The Central Bank of Turkey was at the forefront, increasing its holdings by 8 tonnes. This addition marks 11 consecutive months of purchases, bringing the central bank’s year-to-date acquisitions to 38 tonnes and raising its overall official gold reserves to

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