The latest data published by the People’s Bank of China (PBOC) showed that China continued to build its Gold reserves for a sixth month in a row in April.
Key details
- Bullion held by the PBOC rose by about 70,000 troy ounces last month.
- China’s Gold reserves at the end of April were at 73.77 million ounces, up from 73.70 million ounces at the end of March.
- In value terms, the reserves at the end of April amount to $243.59 billion versus $229.59 billion at the end of March.