The latest data published by the People’s Bank of China (PBOC) showed that China continued to build its Gold reserves for a sixth month in a row in April.
Key details
- Bullion held by the PBOC rose by about 70,000 troy ounces last month.
- China's Gold reserves at the end of April were at 73.77 million ounces, up from 73.70 million ounces at the end of March.
- In value terms, the reserves at the end of April amount to $243.59 billion versus $229.59 billion at the end of March.
Reviewed byJane Zhang
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Related Articles
Post-NFP Shocker: What It Means for Your Portfolio
TradingKey - The latest data from the U.S. Bureau of Labor Statistics delivered a wake-up call. Job gains from the prior two months were revised down by 258,000 — a surprisingly large downgrade.TradingKey
14 hours ago
China July Inflation Preview: Low Inflation Risks May Ease
TradingKey - On 9 August 2025, China's National Bureau of Statistics will release July inflation data as scheduled. The market widely expects the Consumer Price Index (CPI) for July to shift from June’s 0.1% year-on-year increase to negative growth.TradingKey
15 hours ago
Lockheed Martin (LMT): Robust Backlog & Geopolitical Tailwinds Bolster Long-Term Outlook Despite Short-Term Project Setbacks
TradingKey - The U.S. is increasing defense spending significantly over the years due to rising global tensions and the need to modernize its military capabilities. The defense sector has outperformed broader markets fueled by reliable government contracts and innovation.TradingKey
Mon, Aug 4
AMD Q2 FY2025 Earnings Preview: AI and Data Center Growth Prospects in Focus
TradingKey - Advanced Micro Devices, Inc. (NASDAQ: AMD) is scheduled to report its Q2 FY2025 earnings on Tuesday, August 5, 2025, after the U.S. market closes. The earnings call will begin at 5:00 p.m. Eastern Time.TradingKey
Fri, Aug 1
