China Extends Gold Reserve Buying Streak to 24 Months in October

China’s central bank added to its gold reserves for a 24th consecutive month in October, bringing holdings to 78.3 million ounces, or about 2,435.402 metric tons. The total was 830,000 ounces higher than September’s 77.47 million ounces, an increase of about 25.82 metric tons.

The October addition continued a 23-month reserve-buying streak through September.