For the 12th consecutive month, the People's Bank of China increased its holdings by 30,000 ounces of gold in October
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The State Administration of Foreign Exchange stated that in October 2025, influenced by the monetary policies and expectations of major economies, macroeconomic data, and other factors, the US dollar index rose, and the prices of global financial assets generally increased. The combined effects of exchange rate conversion and changes in asset prices led to an increase in foreign exchange reserves that month
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