Author：Wall Street CN
On April 7, data from the People's Bank of China showed that China's gold reserves stood at 74.38 million ounces at the end of March, compared with 74.22 million ounces at the end of February, marking the 17th consecutive month of increase in gold holdings.
In terms of the magnitude of the increase, the central bank's purchases accelerated in March. At the end of November and December last year, gold reserves increased by 30,000 ounces month-on-month, while in January this year, they increased by 40,000 ounces month-on-month, and in February, they increased by 30,000 ounces.
