China boosts gold reserves by nearly 100 tonne

10.09.2019

China’s foreign exchange reserves jumped to $3.1072 trillion despite the falling yuan and escalating trade war with the US, while raising its gold holdings by nearly 2.89 million troy ounces (99 tons) in nine months.

The bullion reserves rose to 62.45 million troy ounces (2,141 tonnes) as of the end of...