Monday, 17 August 2015

China’s gold reserves swell as nation diversifies forex holdings

China increased its gold reserves to 53.93 million troy ounces by the end of July from 53.32 million ounces a month earlier, according to data released by the central bank. The world's biggest bullion consumer last month ended six years of mystery over how much gold it is hoarding, revealing a 57 percent jump in holdings since 2009 and overtaking....Read More

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