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China gold reserves rose in June the most since 2023 even as bullion tumbled
By Dylan Duan and Ryan Woo
Reuters
Tuesday, July 7, 2026
China's central bank reported its biggest monthly increase in gold reserves in more than 2 1/2 years in June, official data showed today, though bullion prices tumbled.
The People's Bank of China maintained gold purchases for a 20th straight month, with its reserves hitting 75.44 million fine troy ounces by the end of June, versus 74.96 million a month earlier. The 480,000-ounce rise, equivalent to near 15 metric tons, marked the biggest monthly addition since October 2023, when holdings rose by 740,000 ounces, according to data from the bank. ...
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