China's gold reserves hit record high at end of 2024

BEIJING, Jan. 24 (Xinhua) -- China's central bank expanded its gold reserves by 44.17 tonnes in 2024, bringing the total to a record-high 2,279.57 tonnes and making it the sixth-largest globally.

In 2024, China's gold output was 377.24 tonnes, up 0.56 percent year on year, while gold consumption was 985.31 tonnes, down 9.58 percent year on year, data from the China Gold Association showed on Friday.

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