Markets
China’s central bank buys gold for 13th consecutive month
- The value of China's gold reserves stood at $310.65 billion at the end of last month, up from $297.21 billion at the end of October
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SHENZHEN: China kept adding gold to its reserves of the precious metal, with its holdings totalling 74.12 million fine troy ounces at the end of November from 74.09 million at the end of October, extending its buying spree for the 13th month in a row.
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The value of China’s gold reserves stood at $310.65 billion at the end of last month, up from $297.21 billion at the end of October, data from the People’s Bank of China showed on Sunday.