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China Adds 650,000 Ounces of Gold in Biggest Monthly Buy Since 2023

1 source ·1 article ·18h ago

China's central bank bought more gold in August than in any single month since 2023, and the metal still can't hold above $4,400 an ounce. The People's Bank of China added 650,000 troy ounces, roughly 20 tonnes, to its reserves last month,…

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