China’s central bank refrains from gold purchases for a 2nd month

China’s central bank refrains from gold purchases for a 2nd month

China’s central bank refrained from gold purchases to its reserves for a second consecutive month in June, official data showed on Sunday. The pause by the People’s Bank of China (PBOC) started in May, when spot gold prices hit a record high. The previous 18 months of consistent buying by the PBOC, along with demand … Read more