Chinese Gold Reserves Rise 16.15 Tonnes In August by Louis Cammarosano
| September 18, 2015
China’s Gold Reserves.
Chinese Gold Reserves increased by over 16 tonnes in August.
Total reported Chinese gold reserves stand at over 1693
For the third time in as
many months, China has updated its gold reserves.
In June 2015, China updated its gold reserves
for the first time since 2009 by reporting an additional
604 tonnes. In August, China updated its gold reserves for
July adding 19.4 tonnes. This September, China reported
adding 16.15 tonnes of gold to its reserves during the month
Chinese Gold Reserves 2009-2015
After adding 604 tonnes
ofgold to its reserves in June and 19.4 tonnes in July,
China added 16.15 tonnes in August bringing its total gold
reserves to 1693.25 tonnes.
While China has been adding to its reserves
since 2009, Russia has officially been adding more as the
chart below indicates:
Russian Gold Reserves 2009-2015
Russia has added over 661 tonnes of gold
to its reserves since 2009 through July 2015 bringing its
total to 1275 tons. Since 2009 through July 2015, China
has added about 623 tons of gold to its reserves. *Russia
has not yet reported its August gold reserves.