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Home / Metal News / PBOC: China Official Gold Reserves Value Increases at End of August 

PBOC: China Official Gold Reserves Value Increases at End of August 

iconSep 7, 2017 16:48
Source:SMM
China’s gold reserves were unchanged at the end of August compared with the end of July, but their value increased. 

SHANGHAI, Sept. 7 (SMM) – China’s gold reserves were unchanged at the end of August compared with the end of July, but their value increased. 

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According to the People's Bank of China (PBOC), the country’s gold reserves were 59.24 million ounces as of the end of August, which valued at $77.7 billion, up from $75 billion at the end of July.    

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