"China's Continued Gold-Buying Spree Amid Record Prices: What You Need to Know"
TL;DR Summary
China's central bank, the PBOC, continued its gold buying streak for the 17th consecutive month in March, contributing to the surge in gold prices to a record high. The bank's gold reserves increased to 72.74 million fine troy ounces, as reported in official data released on Sunday.
- China PBOC Buys Gold for 17th Month as Prices Hit Record Bloomberg
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