List of Flash News about gold market impact
Time | Details |
---|---|
2025-04-20 16:39 |
China's Central Bank Boosts Gold Reserves to Record 2,292 Tonnes with Fifth Consecutive Purchase
According to The Kobeissi Letter, China's central bank increased its gold holdings by 5 tonnes in March, marking the fifth consecutive month of purchases. This brings China's total gold reserves to a record 2,292 tonnes, now accounting for 6.5% of its total official reserve assets. Traders should note the potential impact on gold markets, as sustained purchasing by China could influence global gold prices and trading volumes. |