🇨🇳 China’s official gold reserves rose +30,000 troy ounces in November to a record 2,305 tonnes.

This marks their 13th consecutive monthly purchase.

As a result, China’s gold reserves are now up to a record $311 billion.

This represents 9.3% of the country’s total official FX reserves.

China's gold reserves have TRIPLED since 2020, driven by both the purchases and surging gold prices.