
China's gold reserve rose 1.16 percent to 1,677.3 tonnes at the end of July from 1,658 tonnes the end of June, fresh data from the People's Bank of China (PBOC) showed.
China's gold reserve rose nearly 60 percent to 1,658 tonnes at the end of June from the previous figure released at the end of April 2009, when the amount was 1,054 tonnes.
Gold prices have retreated from a historic high in recent years and the central bank gradually accumulated the reserves through various channels, according to the PBOC.
The channels include domestic scrap gold, production storage and trade in domestic and overseas markets.
China ranks the fifth in gold reserve worldwide after the United States, Germany, Italy and France, according to the World Gold Council.
GMT 19:47 2018 Saturday ,06 January
Global stocks extend rally; London hits record peakGMT 19:22 2018 Wednesday ,03 January
Worldwide stocks start year on a highGMT 10:37 2018 Wednesday ,03 January
Asian markets build on gains, dollar faces further weaknessGMT 17:30 2017 Sunday ,31 December
London stocks end year on record highGMT 18:04 2017 Thursday ,28 December
Miners boost stocks in thin holiday tradingGMT 18:51 2017 Monday ,25 December
Oman’s share index falls on lack of buying supportGMT 08:49 2017 Sunday ,24 December
'Virtual gold' may glitter, but mining it can be really dirtyGMT 17:45 2017 Saturday ,23 December
Madrid stocks sink on Catalan woes; London hits record
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor