Reversal! China Boosts US Treasury Holdings, Halts Gold Purchases

Chinese Treasury Holdings March 2016 - March 2017

Peoples Bank of China Adds No Gold to Reserves in May. PBOC U.S. Treasury holdings on the rise again. Total reported People’s Bank of China gold reserves stand at 1842.6 tonnes – same as October 2016. PBOC foreign reserves rose for the fourth month in a row, up $24 billion in May, to $3.054 trillion. Read More →

People’s Bank of China, Not China, Halts Gold Purchases

Peoples Bank of China Adds No Gold to Reserves in April. Total reported People’s Bank of China gold reserves stand at 1842.6 tonnes – same as October 2016. PBOC foreign reserves rose for the third month in a row, up $20.45 billion in April, to $3.03 trillion. PBOC Foreign Reserves fell approximately $320 billion in Read More →