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Economy

China's gold reserves rise in May

June 08, 2023


Abstract : China's gold reserves rose to 67.27 million ounces at the end of May, rising from 66.76 million ounces in end-April, data from the State Administration of Foreign Exchange showed Wednesday.

A customer tries gold jewelry at a store during the Mid-Autumn Festival holiday in Danzhai County, southwest China's Guizhou Province, Sept. 11, 2022.(Photo by Huang Xiaohai/Xinhua)

BEIJING, June 7 (Xinhua) -- China's gold reserves rose to 67.27 million ounces at the end of May, rising from 66.76 million ounces in end-April, data from the State Administration of Foreign Exchange showed Wednesday.

According to the data, China's foreign exchange reserves came in at 3.1765 trillion U.S. dollars at the end of May, down from 3.2048 trillion U.S. dollars a month earlier.  

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Keyword: gold reserves

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