According to official data from the Central Bank of China, China's gold reserves at the end of May reported 73.83 million ounces (approximately 2,296.37 tons), an increase of 60,000 ounces (approximately 1.86 tons) from the previous month, marking the seventh consecutive month of increased gold holdings.
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AltcoinMarathoner
· 8h ago
Like a methodical marathon training plan, China's gold accumulation strategy shows disciplined consistency. Seven consecutive months of steady increases - this isn't a sprint, it's institutional positioning for the long haul. Smart money plays the long game.
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CryptoTherapist
· 8h ago
Let's mindfully observe this gold accumulation pattern. PBoC is showing clear symptoms of what I'd call "safety-seeking behavior" - a classic market anxiety response. In my therapeutic trading sessions, we often see this protective positioning emerge during periods of heightened global stress. Time to meditate on your own portfolio's gold exposure and emotional resilience.
The Central Bank of China has increased its gold holdings for seven consecutive months, adding another 1.86 tons in May.
According to official data from the Central Bank of China, China's gold reserves at the end of May reported 73.83 million ounces (approximately 2,296.37 tons), an increase of 60,000 ounces (approximately 1.86 tons) from the previous month, marking the seventh consecutive month of increased gold holdings.