
SHANGHAI, March 7 (Reuters) - China's central bank kept purchasing gold for a 16th straight months, with its holdings totalling 74.22 million fine troy ounces by the end of February, versus the previous month's 74.19 million.
The value of China's gold reserves stood at $387.59 billion at the end of last month, up from $369.58 billion a month earlier, data from the People's Bank of China showed on Saturday.