Reserves rose to 73.29 million fine troy ounces from 72.96 million fine troy ounces last month. The pace of buying roughly doubled as the increase of 0.33m oz compares to the rise of 0.16m oz in November.
In terms of market moves, gold is up $27 to $2662, which is $3 shy of Friday's intraday high of $2665. A break above would be the best level since December 16.
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Goldman Sachs trim its gold forecasts, gold not to reach US$3000 in 2025 This article was written by Adam Button at www.forexlive.com.Hence then, the article about gold climbs 25 as china continues to accumulate reserves was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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