Chinese Gold Reserves Increase 14 Tons In October

China’s Gold Reserves.

Chinese Gold Reserves increased by 14 tonnes in October.

Total reported Chinese gold reserves stand at over 1,722 tonnes.

Buy Gold Online

For the fifth time in as many months, China has updated its gold reserves.

In June 2015, China updated its gold reserves for the first time since 2009 by reporting an additional 604 tonnes. In August, China updated its gold reserves for July adding 19.4 tonnes. In September, China reported adding 16.15 tonnes of gold to its reserves during the month of August.

Last month, Bloomberg reported that China “probably added 15 tons based on dollar value of assets” in September.

Today Bloomberg reported that “China Probably Raised Gold Hoard Again in October Adding 14 Tons

Chinese Gold Reserves 2009-2015

Chinese gold reserves through October 2015

After adding 19.4 tonnes of gold to its reserves in July and 16.15 tonnes in August, 15 tonnes in September, China added 14 tonnes of gold to its reserves in October and has added over 64 tons of gold from July- October 2015, bringing its total gold reserves to 1722 tonnes.

While China has been adding to its reserves*, since 2009 Russia has officially been adding more as the chart below indicates:

Russian Gold Reserves 2009-2015

Russian gold reserves chart 2009 -2015 through September

Russia added over 34 tonnes of gold to its reserves in September and has added 102.63 tons to its reserves from June-September bringing its total to 1353 tonnes.

*many suspect that China has under reported its gold reserves. See ““The Case of China’s Missing Gold” and “China’s President Confirms Practice Of Moving Official Reserve Assets To Other Entities In China

Get Free Updates From

Subscribe to and get the free In Case You Missed Itweekly email as well as updates and analysis on gold, silver, real estate and the economy.

Also get the free report “Twelve Key Differences Between Gold and Silver” when you subscribe.

Subscribe to to receive free gold and silver updates, news and analysis.

Russian and Chinese flags – CanStockPhoto

Buy Gold Online

Browse Collectible Coins on Amazon

Browse Silver Coins on Amazon

Further Reading:

The Case of China’s Missing Gold

Shanghai Gold Exchange Withdrawals (weekly archive)

Chinese Gold Reserves (monthly archive)

Russian Gold Reserves (monthly archive)

India and Gold

Indian Gold Charts

Reuters reported on Oct 16 2015, China added 480,000 troy ounces, or 14.9 tonnes, to 54.93 million ounces, or 1,708.5 tonnes at the end of September

Please visit the Smaulgld Store for a large selection of recommended Kindles, books, music, movies and other items.

You can support by making all your Amazon purchases through the search widget below and by ordering your gold and silver by clicking on the JM Bullion, BGASC, Goldbroker, Golden Eagle Coin, Perth and Royal Canadian Mint ads on the site.

DISCLOSURE: Smaulgld provides the content on this site free of charge. If you purchase items though the links on this site, Smaulgld LLC. will be paid a commission. The prices charged are the same as they would be if you were to visit the sites directly. Please do your own research regarding the suitability of making purchases from the merchants featured on this site.

Chart Disclaimer: Information presented here has been obtained from a third party and is presented for information purposes only. Smaulgld can not and does not guarantee the accuracy or timeliness of the data displayed on this site and therefor the data provided should not be used to make actual investment decisions. You should always consult a professional investment adviser before investing in precious metals or any type of investment. You acknowledge that Smaulgld assumes no responsibility for the integrity of data on this site.

The content provided here is for informational purposes only. Making investment decisions based on information published by Smaulgld (SG), or any Internet site, is not a good idea. Accordingly, users agree to hold SG, its owner and affiliates, harmless for all information presented on the site. SG presents no warranties. SG is not responsible for any loss of data, financial loss, interruption in services, claims of libel, damages or loss from the use or inability to access SG, any linked content, or the reliance on any information on the site.

The information contained herein does not constitute investment advice and may be subject to correction, completion and amendment without notice. SG assumes no duty to make any such corrections or updates. As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment. SG disclaims any and all liability relating to any investor reliance on the accuracy of the information contained herein or relating to any omissions or errors and as such disclaims any and all losses that may result.

Post Navigation