30/07/17

Estimated Chinese Gold Reserves Surpass 20,000t



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Estimated Chinese Gold Reserves Surpass 20,000t
// Silver For The People

Koos Jansen

bullionstar.com / by / 29 Jul 2017

My best estimate as of June 2017 with respect to total above ground gold reserves within the Chinese domestic market is 20,193 tonnes. The majority of these reserves are held by the citizenry, an estimated 16,193 tonnes; the residual 4,000 tonnes, which is a speculative yet conservative estimate, is held by the Chinese central bank the People's Bank of China.

I'm aware I've been absent from writing about the Chinese gold ...

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