[ccpw id="5"]

Home.forex news reportIn 2024, China’s central bank expanded its gold reserves by 44.17 tons

In 2024, China’s central bank expanded its gold reserves by 44.17 tons

-


In 2024, the People’s Bank of China, expanded its gold reserves by 44.17 tons, bringing the total to a record-high 2,279.57 tons, making it the sixth-largest globally.

That year, China produced 377.24 tons of gold, while consumption reached 985.31 tons. Gold imports totalled 156.864 tons, reflecting an 8.83% year-on-year increase, according to the China Gold Association.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

TNB Tech Minute: Microsoft, AWS Could Face U.K. Probe into Cloud Services Market

Plus, Google fights $4.55 billion EU antitrust fine over Android. And, tech stocks rebound after yesterday’s DeepSeek rout. Julie Chang hosts. Learn more about...

Beijing-backed lending boosts China’s dominance in clean energy minerals

Stay informed with free updatesSimply sign up to the Chinese business & finance myFT Digest -- delivered directly to your inbox.China has built up...

Westpac changes its forecast to a February Reserve Bank of Australia interest rate cut

Westpac now expects the Reserve Bank of Australia (RBA) to begin cutting interest rates in February, following a softer-than-anticipated Q4 2024 inflation report. The...

Cathie Wood Swoops In To Buy AMD Shares Amid DeepSeek Tech Upheaval, Dumps Tesla Stock Worth $8.1 Million

On Monday, Cathie Wood-led Ark Invest executed significant trades involving major companies such as Tesla Inc. (NASDAQ:TSLA), Advanced Micro Devices Inc. (NASDAQ:AMD) , Palantir...

Follow us

0FansLike
0FollowersFollow
0SubscribersSubscribe

Most Popular

spot_img