The People's Bank of China increased its holdings of gold for the 12th consecutive month.

On November 7th, the People's Bank of China released data showing that China's gold reserves at the end of October were reported at 74.09 million ounces (approximately 2304.457 tons), an increase of 30,000 ounces (approximately 0.93 tons) from the previous month. This marks the 12th consecutive month of increasing gold reserves. At the end of September, gold reserves were reported at 74.06 million ounces. This article was compiled from the People's Bank of China by GMTEight editor Chen Wenfang.