🟡 China continues to strongly support its gold reserves.. 🥇🥇
🇨🇳 The People's Bank of China added 20.2 tons of gold in August, the largest monthly increase since October 2023, raising its reserves for the 22nd consecutive month to 2,387 tons. This brings gold's share of total foreign exchange reserves to 9%, up from 8% in July—a strong indication that central banks, particularly China, are continuing to increase demand for gold and reinforce its status as a strategic asset.
#CryptoAMA #ChinaDrama #china #GOLD_UPDATE #newsdaily
🇨🇳 The People's Bank of China added 20.2 tons of gold in August, the largest monthly increase since October 2023, raising its reserves for the 22nd consecutive month to 2,387 tons. This brings gold's share of total foreign exchange reserves to 9%, up from 8% in July—a strong indication that central banks, particularly China, are continuing to increase demand for gold and reinforce its status as a strategic asset.
#CryptoAMA #ChinaDrama #china #GOLD_UPDATE #newsdaily