China continues to boost its gold reserves for the 17th consecutive month

The Chinese Central Bank maintained its gold purchasing policy for the 17th consecutive month, with its reserves reaching 74.38 million ounces at the end of March, compared to 74.22 million ounces in the previous month.

The value of gold reserves reached Global gold trading, today, Tuesday, as investors remained cautious before the deadline set by US President Donald Trump for Iran to reopen the Strait of Hormuz.

The The price of gold in spot transactions rose slightly by 0.1%, reaching $4,651.34 per ounce by 07:02 GMT, while US gold futures (June delivery) fell by 0.2%, reaching $4,676.50.

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