You are here
China's central bank buys gold for fifth month as prices rally
By Yihui Xie
Bloomberg News
Sunday, April 6, 2025
China’s central bank added gold to its reserves for a fifth straight month in March, deepening its bet on the precious metal as a haven asset amid rising global trade and geopolitical turmoil.
Gold held by the People’s Bank of China rose by 0.09 million troy ounces last month, according to data released on Monday. The central bank’s recent run of buying started in November, after a six-month hiatus that followed an 18-month buying spree. ...
... For the remainder of the report:
... ADVERTISEMENT ...
StrikePoint Gold explores in Walker Lane in Nevada
and expects to report drilling results this month
StrikePoint Gold CEO Michael G. Allen has just posted a 90-second video about the company's 100-square-kilometer Hercules Gold Project in the Walker Lane area of Nevada, which has several multi-million gold ounce deposits. The Hercules project is close to a Kinross mine, and StrikePoint is putting six or seven drill holes into it. The company expects to report drill results this month.
StrikePoint trades on the TSX-V under the symbol SKP and on the OTCQB market as STKXF.
To view the video, visit:
https://www.youtube.com/shorts/yiKnPkkoAkI
To learn more about StrikePoint Gold, visit its internet site here:
Support GATA by purchasing
Stuart Englert's "Rigged"
"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon:
* * *
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:
To contribute to GATA, please visit:
Donations of $250 will entitle the donor to a 1-ounce silver round commemorating GATA's work:
https://www.gata.org/sites/default/files/GATA-silver-round-front.png
