China’s central bank continues gold purchases for 15th consecutive month amid market volatility
China’s central bank has continued its gold purchases for 15 months in January, highlighting steady official demand as the bullion’s record-breaking surge was interrupted by a steep market sell-off late last month. The yellow metal held by the People’s Bank of China (PBOC) surged 40,000 troy ounces last month, Bloomberg reported, citing official data released…