PBOC May Buy 215 Tons of Gold This Year, Barclays ForecastsBy
Bullion-buying `impressive' as forex reserves drop, bank says
PBOC purchases may average 17.9 tons a month, bank estimates
China will press on with gold purchases this year and the central bank will probably scoop up more than 200 metric tons as the country seeks to diversify its reserves, according to an estimate from Barclays Plc.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.