China halts gold purchases for second month in a row.
China's central bank, the People's Bank of China (PBOC), has cut its gold reserves for the second month in a row, keeping stocks at 72.8 million troy ounces. This pause ends an 18-month streak of gold purchases that began in November 2022 and contributed to higher gold prices. The PBOC will freeze gold reserves after 18 months […]
