China’s Central Bank Continues Gold Buying Streak But at Declining Pace

25.05.09

China’s central bank (PBoC) has continued its gold buying streak for the sixth consecutive month, adding 70,000 ounces (just over 2 tons) to its reserves in April. However, this represents a declining trend in monthly purchases, down from nearly 3 tons in March, 5 tons in January and February, and…

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