Estimated Chinese Official Gold Reserves Cross 5,000 Tonnes
by Jan Nieuwenhuijs, Gainesville Coins: My estimate for China’s official gold reserves reached 5,029 tonnes by the end of June 2023. In the first six months of 2023 the Chinese central bank bought an estimated 353 tonnes. Although demand in H1 2023 was down 34% from H2 2022, demand was still strong and a driving […]
