Gold Slid Over 6% in September and China Bought More of It Than in Any Month Since 2023
China’s central bank added 740,000 ounces of gold to its reserves in September, its largest monthly purchase since October 2023. The buying came as gold fell over 6%. The People’s Bank of China (PBOC) lifted its holdings to 77.47 million fine troy ounces from 76.73 million in August. September also marked its 23rd straight month The post Gold Slid Over 6% in September and China Bought More of It Than in Any Month Since 2023 appeared first on BeInCrypto.
Key Takeaways
- China’s central bank added 740,000 ounces of gold to its reserves in September, its largest monthly purchase since October 2023.
- The buying came as gold fell over 6%.
- The People’s Bank of China (PBOC) lifted its holdings to 77.47 million fine troy ounces from 76.73 million in August.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Regulation
Europol Warns Crypto Wallets Are 'Primary Risk' for Quantum Attacks
The EU police agency expects blockchains to adapt to the threat, while a second report weighs the risk of data stolen now and cracked later.
DSA White Paper Named Among the 2026 DC Fintech Week Winning Papers
Washington, D.C., October 7, 2026 — The Digital Sovereignty Alliance (DSA), a nonprofit organization dedicated to advancing clear and ethical public policy, research, and education related to emerging technologies, announced today that its white paper,…
Prosecutors Cite Bitcoin Fog Ruling Against Roman Storm's Venue Challenge
The Tornado Cash founder hit back in a tweet, noting FinCEN withdrew a proposed mixer rule over concerns it could chill legitimate activity.