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