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China’s Central Bank Adds Gold for 24th Straight Month in October

China’s central bank raised its gold reserves to 78.30 million ounces at the end of October from 77.47 million ounces a month earlier, marking a 24th consecutive month of accumulation. The October figure was disclosed on November 7. The increase of 830,000 ounces extends a buying streak that has run without a break since late 2023.

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