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China Increases Gold Reserves by 20 Tons in August

BeInCrypto ·

The People's Bank of China added 650,000 ounces of gold to its reserves in August, marking its largest monthly purchase since October 2023. This move extends the central bank's consecutive buying streak to 22 months, occurring as gold prices experience significant monthly gains.

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Summaries are written by AI from the original article. Not investment advice.

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