PBoC keeps gold buying on hold for second month


The PBoC in Beijing. — Bloomberg

BEIJING: China’s central bank didn’t buy any gold for a second month in June, as the precious metal edged lower from a record high.

Bullion held by the People’s Bank of China (PBoC) was unchanged at 72.8 million troy ounces at the end of last month, according to official data released yesterday.

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China , PBoC , gold

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