EconomicChina·Unpinned16 Oct 2026
China increases gold purchases to reduce reliance on US dollar assets
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The People’s Bank of China increased its gold reserves for 23 consecutive months as of September, marking its largest monthly purchase in nearly three years by adding approximately 23 tonnes. This shift brought China’s total reported gold holdings to about 2,410 tonnes, increasing gold's share of total official reserves from 5.5 percent at the end of 2024…
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Al Jazeera
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