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πŸ‡¨πŸ‡³ China's central bank has bought gold for 20 straight months, and that's the whole story this week

πŸ‡¨πŸ‡³ China's central bank has bought gold for 20 straight months, and that's the whole story this week

China's central bank bought roughly 14.9 tonnes of gold in June, its 20th straight month of purchases, even as total foreign exchange reserves dipped to $3.416tn from May's $3.442tn high, according to state currency regulator data.

Horizontal bar chart titled 'Top countries by forex reserves ($Bn) excluding gold, 2026' with China at 3,411, Japan 1,259, Switzerland 932, Taiwan 603, India 543, and US* 245.
China holds the world's largest foreign exchange reserves excluding gold, exceeding the combined total of the next four countries in 2026 data. Source

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