China's central bank resumes gold purchases after six-month hiatus in Nov

Reuters
07 Dec 2024

SHANGHAI, Dec 7 (Reuters) - China's gold reserves stood at 72.96 million fine troy ounces at the end of November, as the central bank resumed gold purchases after a six-month pause, official data showed on Saturday.

The value of China's gold reserves fell to $193.43 billion at the end of last month from $199.06 billion at the end of October.

(Reporting by Qiaoyi Li, Winni Zhou and Ryan Woo; Editing by William Mallard)

((qiaoyi.li@thomsonreuters.com;))

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