TLDR: China’s June gold buying reached 40 tonnes via OTC, not the 15 tonnes reported officially. PBOC added 20 tonnes in July, its largest monthly purchase since October 2023. China’s U.S. Treasury holdings fell to $633.4 billion in June, lowest since 2008. Shanghai gold futures ...
China Gold Buying Far Exceeds Official PBOC Reports, Goldman Sachs Data Shows
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