The People's Bank of China has increased its holdings of gold for the twelfth consecutive month.

According to the Securities Times APP, on November 7th, the People's Bank of China released data showing that China's gold reserves at the end of October were reported to be 74.09 million ounces (approximately 2,304.457 tons), an increase of 30,000 ounces (approximately 0.93 tons) from the previous month, marking the 12th consecutive month of increasing gold reserves. The gold reserves at the end of September were reported to be 74.06 million ounces.