China gold reserves at end-March (USD) 342.76bln (prev. 387.59bln)
The decrease in China's gold reserves to $342.76 billion from $387.59 billion at the end of March may signal a shift in the country’s asset allocation strategy or a response to market conditions.
[ANALYSIS] Iranian War Day 39: Tuesday deadline holds as Trump threatens four-hour infrastructure strike
[MARKET UPDATE] Crude futures dip amid a volume pickup, with DXY easing in tandem and stocks rising; newsflow light with moves also paring back
China gold reserves at end-March (USD) 342.76bln (prev. 387.59bln)
UK New Car Sales YoY (Mar) Y/Y 6.6% (Prev. 7.2%)
EU S&P Global Composite PMI Final (Mar) 50.7 vs. Exp. 50.5 (Prev. 51.9)
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This drop could influence sentiment around gold, as lower reserves might pressure demand and pricing, especially amidst continued geopolitical tensions and inflation concerns across global markets.
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