🚨 BREAKING | The Chinese government purchased 740,000 ounces of gold. The purchase was valued at approximately $3.1 billion.

With this purchase, the People’s Bank of China’s streak of increasing its gold reserves has reached 23 months.

📌 Over the past 23 months:

• 4.67 million ounces of gold were purchased.
• The total value is approximately $19.5 billion.
• The value of China’s total gold reserves is approximately $323.5 billion.