China's gold reserves reached 2 levels of France.
After the extensive activity of the world's central banks in the third month of the year, they are still taking advantage of the drop in gold prices to increase their official reserves. Meanwhile, China plays a prominent role in the gold market and has increased its gold reserves for the second year in a row.
According to a report by Sena, Krishan Gopal, the senior analyst for the Europe, Middle East and Africa region at the World Gold Council, announced that China bought 26 tons of gold this month in a material he posted on social media about the purchases in October. This increase brought China's official gold reserves closer to the level of reserves of some developed countries.
According to him: "The total gold reserves of China have now reached 2,435 tons. This amount is only 2 tons less than France's gold reserves.
reporting details.