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The People's Bank of China increased its gold holdings by 160k ounces month-on-month in March, marking 17 consecutive months of accumulation.
ME News Report, April 7 (UTC+8), China’s central bank’s gold reserves increased to 74.38 million ounces (approximately 2,313.48 tons) at the end of March, a month-on-month increase of 160k ounces (about 4.98 tons). Previously, at the end of February, it was 74.22 million ounces (approximately 2,308.5 tons). This marks China’s central bank’s 17th consecutive month of gold accumulation. (Source: PANews)