(Kitco News) -China’s appetite for gold remains insatiable as the latest data from the People’s Bank of China bought 18 tonnes of gold last month.
China’s gold shopping spree hit its fifth consecutive month; Krishan Gopaul, senior European, Middle East and Asian market analyst, said that since November the nation has bought 120 tonnes of gold.
“Total gold reserves now amount to 2,068 tonnes,” he said in his Twitter comment.
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