China Buys 740,000 Ounces of Gold Worth $3.1 Billion, Extending Accumulation Streak to 23 Months

China bought 740,000 ounces of gold worth $3.1 billion, marking the 23rd consecutive month of gold accumulation by the Chinese government.
Over the past 23 months, China has added 4.67 million ounces of gold to its reserves, worth approximately $19.5 billion.
China now holds roughly $323.5 billion worth of gold in its reserves.