Gold SWOT: The People’s Bank of China added 60,000 ounces to its gold reserves in May
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Gold SWOT: The People’s Bank of China added 60,000 ounces to its gold reserves in May

by Frank Holmes, Gold Seek: Strengths The best-performing precious metal for the past week was platinum, up 4.15%. Platinum reached its highest price level since 2014, driven by an 8.8% surge in imports into China in May to 12.6 tons—the highest since April 2023—highlighting strong demand as prices have climbed over 40% year-to-date. Traders report […]