China has boosted its gold reserves for the sixth month in a row, signaling a continued push to diversify away from the US dollar.
As of April 2025, the People’s Bank of China holds approximately 73.77 million troy ounces of gold—up from 73.70 million ounces in March. That’s an increase of about 70,000 ounces in just one month, with the total gold reserve now valued at around $243.6 billion.
This consistent gold accumulation highlights China’s long-term strategy to strengthen its financial stability and reduce dependence on U.S. dollar-denominated assets.
$PAXG may gain attention as global interest in gold-backed assets rises.
Would you like a version tailored for a financial newsletter or social medi
a post?