In 2024, China’s central bank expanded its gold reserves by 44.17 tons
globalreutersJanuary 24, 20251 Mins read In 2024, the People’s Bank of China, expanded its gold reserves by 44.17 tons, bringing the total to a record-high 2,279.57 tons, making it the sixth-largest globally.
That year, China produced 377.24 tons of gold, while consumption reached 985.31 tons. Gold imports totalled 156.864 tons, reflecting an 8.83% year-on-year increase, according to the China Gold Association.
This article was written by Eamonn Sheridan at www.forexlive.com.
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