Categories: World

China's central bank extends gold buying for 11th straight month

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TDG Syndication

BEIJING, Oct 7 (Reuters) - China's gold holdings totalled 74.06 million fine troy ounces at the end of September, up from 74.02 million in the previous month, as the central bank expanded bullion purchases for the 11th straight month. The monetary value of China's gold reserves increased to $283.29 billion at the end of last month from $253.84 billion before, data from the People's Bank of China showed on Tuesday. (Reporting by Zhang Yan, Qiaoyi Li and Ryan Woo; Editing by Jacqueline Wong) (The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)
TDG Syndication
Published by TDG Syndication