PDATE- 2:14 PM EDT
China’s Stated Gold Reserves are now 1670 Metric Tonnes
REUTERS Sept. 7: China’s gold reserves rose to 58.95 million fine troy ounces (oz) at the end of August, from 58.79 million fine troy ounces at the end of July, the central bank said on Wednesday. (Reporting by Beijing Monitoring Desk; Editing by Himani Sarkar)
- GFMS assessed Chinese demand at 867 tonnes for 2015.
- Estimates of true Chinese demand are north of 2,250 tonnes for 2015 [Click for Section]
FULL ARTICLE LINK: When China Confiscates Gold- Get Silver like JPM
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