China Adds Smallest Amount to Gold Reserves Since at Least July
This article is for subscribers only.
China increased its central bank gold reserves in March by the smallest amount since the country started releasing the data on a monthly basis last year.
The People’s Bank of China expanded holdings by 0.5 percent to 57.79 million ounces (about 1,797.5 metric tons) from 57.50 million ounces a month earlier, according to its website. Global prices fell 0.5 percent in March after climbing 17 percent in the first two months of the year.