Mar. 17 at 2:00 PM
PBoC reported another 1t addition to gold holdings in February, pushing the total to 2,309t
This now represents 10% of F/X reserves, which rose 0.9% m/m to
$39T
China’s gold reserves have risen consecutively for 16 months
Chinese gold ETFs added RMB4.5B in February, marking the 6th consecutive monthly inflow. Collective holdings rose 3.6t to 290t in the month, another all-time high
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