It was the seventh month in a row that Beijing expanded its gold reserve to try to spread the risks in the uncertain world situation. Not least, it is driven by the ongoing trade war with the USA, reports the news agency Bloomberg.
In May, China bought 60,000 "troy ounces" of gold, a unit that corresponds to 31.1 grams.
The central bank in Beijing now has 73.83 million troy ounces in its gold reserve, corresponding to nearly 2,300 tons, according to information released on Saturday.
The gold price set a record in April, partly due to China's and other central banks' attempts to steer their ownership away from assets in US dollars.
