Tag: EXCHANGE
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China’s Renewed Focus on Gold Reserves Amid Economic Fluctuations
China’s central bank, the People’s Bank of China (PBOC), has recently resumed its gold accumulation strategy, marking the end of a six-month pause. In November, the PBOC added 160,000 fine troy ounces to its reserves, bringing the total to 72.96 million fine troy ounces. This momentum continued into December, with holdings increasing to 73.29 million…