China Halts Gold Buying for Second Consecutive Month

2 months ago
China Halts Gold Buying for Second Consecutive MonthChina’s cardinal bank, the People’s Bank of China (PBOC), has paused its golden accumulation for the 2nd consecutive month, keeping its reserves dependable astatine 72.8 cardinal troy ounces. This intermission ends an 18-month streak of continuous golden purchases that began successful November 2022 and contributed to record-high golden prices. PBOC Pauses Gold Accumulation After 18-Month […]
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