January 07, 2025 at 08:06AM
That compares with their November holdings of 72.96 million fine troy ounces. In terms of reserves value though, that has fallen from $193.43 billion in November to $191.34 billion as of December.
As a side note, do be mindful that these are the numbers that China wants you to see. There was a period last year that they were stagnant for a while but one could presume that the buying did not stop then. Extrapolate what you will from the data.
This article was written by Justin Low at www.forexlive.com.
China seen increasing gold reserves in December