Reported 1 day ago
In December, China's central bank added to its gold reserves for the second month, increasing holdings to 73.29 million fine troy ounces from 72.96 million. This decision comes after a six-month pause in purchases as the bank seeks to diversify its reserves, despite gold prices reaching historic highs due to global economic factors. The moves highlight the ongoing demand for gold, influenced by US monetary policy and safe-haven investments.
Source: YAHOO