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China added more gold to reserves last month, pushing a buying streak close to the two-year mark as prices weaken toward $4,000 an ounce.
China's central bank added 740,000 oz in September, its 23rd straight monthly purchase; 45% of central banks plan gold buys within a year, WGC survey shows.
China's central bank stepped up gold purchases in September as prices fell sharply, adding 740,000 ounces in its biggest monthly increase in roughly three years. The move reinforces the idea that official-sector demand remains an important support for gold even as a stronger U.S. dollar and elevate…