PBOC boosts gold reserves by another 450k oz t in Oct

FXStreet (Mumbai) - The People's Bank of China (PBOC) added another 450,000 fine troy ounces to its gold reserves in October, bringing the total to 55.38 million fine troy ounces at the end of October, MNI reported based on the latest data posted on the PBOC website.

The PBOC has been adding to its gold reserves since at least July.