China gold reserves remain unchanged in Nov

Dhwani Mehta FXStreet

The PBOC noted on Wednesday that China’s gold reserves showed no change in November, and remained at the same level of 59.24 million fine troy ounces, as seen a month earlier.

The reserves were valued at $69.8 billion, down from $75.3 billion at the end of October, reflecting the drop in the spot bullion price.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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