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Chinese Central Bank Adds Gold Reserves for 21st Month
China continued to increase its gold reserves for the twenty-first consecutive month, reaching 76.08 million ounces by the end of July 2026. This is an increase of approximately 640,000 ounces over June, equivalent to about 19.9 metric tons of gold. The value of its gold reserves amounted to $306.35 billion, up by $2.63 billion from the previous month, as part of its efforts to strengthen its foreign exchange reserves with the precious metal.
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