PBOC Boosts Gold Holdings for Sixth Straight Month

Published: May 7, 2025 17:19

Save

PBOC Increased Gold Holdings for Six Consecutive Months. According to the central bank, China's gold reserves at the end of April stood at 73.77 million ounces, up 70,000 ounces MoM, marking the sixth consecutive month of gold holdings increase.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

6 hours ago

Vietnam Advances Plan for National Gold Exchange Platform, Targeted for Launch in 2026

Vietnam is moving toward establishing a national gold trading platform, transitioning from traditional gold shops to a centralized, digital, account-based system. The initiative aims to mobilize idle gold resources, improve market transparency, and reduce pressure on foreign exchange management. The Prime Minister has requested relevant ministries and agencies to urgently develop the exchange and target its operation before February 10, 2026; however, the project is still under review.

6 hours ago

7 hours ago

Platinum Prices Continued to Hold Up Well, Downstream Buyers Mostly Waited and Watched as Trading Remained Sluggish [SMM Daily Review]

7 hours ago

8 hours ago

US-Iran Peace Talks Boost Silver T+D, Spot Market Sees Tepid Demand and Thin Trading

[SMM Silver Morning Review] Today's SMM spot silver ingot quotes are mainly at parity or small premiums. On the macro front, sentiment over US-Iran peace talks pushed silver T+D up over 4% today. In the physical market, selling increased while demand remained tepid. Early morning offers were at TD+10-30 yuan/kg, but downstream showed little willingness to buy, with most deals at parity. Traders focused more on warrant registration or bank transactions, resulting in thin overall trading.

8 hours ago