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.
Gold remains extremely hot.
