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China extends run of gold buying that has helped support prices
Who thinks that China's official gold position is reported with any more candor than that of the United States?
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From Bloomberg News
Tuesday, November 7, 2023
China topped up its gold holdings for a 12th straight month in October, adding to a wave of purchases by global central banks that’s lent support to bullion prices.
Stockpiles of gold reported by the People’s Bank of China rose by about 740,000 troy ounces in October, according to official data released Tuesday. That’s equivalent to about 23 tons, and takes total holdings to 2,215 tons. ...
... For the remainder of the report:
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