Trade The World
China’s central bank adds more Gold in August – ING
Ni FXStreet Insights Team
Petsa ng Pag-publish: 8 Sep 2025 | Petsa ng Pag-edit: 8 Sep 2025
POPULAR ARTICLES
China’s central bank continued to add Gold to its reserves for a tenth straight month in August, ING's commodity experts Ewa Manthey and Warren Patterson note.
China’s central bank continued to add Gold to its reserves for a tenth straight month in August, ING's commodity experts Ewa Manthey and Warren Patterson note.
Global central banks have slowed their Gold purchases
"The People’s Bank of China added 60,000 troy ounces (about 1.9 tonnes) of Gold to its reserves, taking the total to 74.02 million troy ounces (around 2,302.3 tonnes). China has purchased a total of 1.22m troy ounces (about 38 tonnes) since restarting its purchases in November 2024, as the People's Bank of China continues to boost its Gold reserves amid geopolitical uncertainties."
"Global central banks have slowed their Gold purchases as prices have hit record highs, but ongoing geopolitical tensions are expected to sustain demand, according to the World Gold Council. Gold has rallied to fresh record highs in recent days, climbing above $3,600/oz amid bets on US rate cuts and concerns over the Federal Reserve's independence."
FXStreet
Higit sa isang milyong user ang umaasa sa FXStreet para sa real-time market data, charting tools, expert insights, at Forex news. Ang komprehensibong economic calendar at educational webinars nito ay tumutulong sa mga trader na manatiling may alam at gumawa ng kalkuladong mga desisyon. Sinusuportahan ang FXStreet ng humigit-kumulang 60 propesyonal sa pagitan ng Barcelona HQ at iba’t ibang rehiyon sa buong mundo.
Read More
