Matrixdock
@matrixdock
Your Gateway to Real-World Assets | 👉 Asia’s Tokenized Gold $XAUm and Tokenized Silver $XAGm | 👉US Treasury Bill Token $STBT
Joined July 2023
252 Following 35.7K Followers
The PBoC's 20th consecutive month of gold purchases highlights the foundational role of reserve assets in financial systems. On-chain, transparency becomes the foundation for utility.
#RWA# #transparency# #XAUm#
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🚨JUST IN: CHINA’S CENTRAL BANK JUST BOUGHT THE MOST GOLD SINCE 2023
The PBOC added 480,000 ounces of gold in June, bringing total holdings to 75.44 MILLION ounces.
That marks China’s biggest monthly gold purchase since October 2023 and extends its buying streak to 20 months.
This comes despite gold falling 11.65% in June, its worst monthly drop since 2008.
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