You are here

China reports first gold reserve increase in more than two years

Section: Daily Dispatches

China's Gold Reserves Rise for 1st Time in Over Two Years in December

From Reuters
Monday, January 7, 2019

https://www.reuters.com/article/china-economy-reserves-gold/chinas-gold-...

BEIJING -- China's gold reserves rose to 59.560 million fine troy ounces at end-December, the first increase since October 2016, central bank data showed today.

The country's gold reserves had been steady at 59.240 million fine troy ounces from October 2016 to November 2018, according to data from the People's Bank of China.



ADVERTISEMENT

Buy, Sell, or Store Precious Metals with Money Metals

Money Metals Exchange, a national bullion dealer recently voted "Best in the USA" by a worldwide ratings group --

https://www.moneymetals.com/news/2015/02/03/worldwide-ratings-organizati...

-- is a great low-cost source for precious metals coins, rounds, and bars. Money Metals also pays handsomely when you wish to sell your precious metals.

Shop online with Money Metals Exchange here --

https://www.moneymetals.com/buy

-- or by calling 1-800-800-1865.

Meanwhile, the Money Metals Depository --

https://www.moneymetals.com/depository



Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16