A post by @FirstSquawk on X.
China Gold Reserves Fall to $306.41 Billion in October From $323.52 Billion in September
@FirstSquawk on X
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The $17.11 billion month-over-month decline points to a lower valuation for the country’s gold holdings, a shift that matters for global reserve trends and gold-market sentiment. Investors will watch whether the drop reflects weaker gold prices, changes in holdings, or valuation effects, and whether China’s reserve data in coming months confirm a sustained move.
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Named in this story
China, People's Bank of China