BUSINESS China's gold reserves at 62.64m ounces at end of June

BUSINESS

China's gold reserves at 62.64m ounces at end of June

Xinhua

11:58, July 08, 2020

Employees arrange gold jewelry at a store in Huaibei, Anhui province. (Photo: China Daily)

BEIJING - China's gold reserves stood at 62.64 million ounces at the end of June, the State Administration of Foreign Exchange (SAFE) said Tuesday.

The total value of the gold reserves reached around $110.76 billion, up from $108.29 billion for May.

SAFE data also showed that China's foreign exchange reserves expanded to $3.1123 trillion at the end of June, from $3.1017 trillion at the end of May.

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