This is a China news story, published by Finance News Network, that relates primarily to The People's Bank of China news.
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global gold marketFinance News Network
•70% Informative
Record prices have kept China out of the global gold market for a third consecutive month .
The People's Bank of China ’s bullion holdings remained steady at 72.8 million fine troy ounces.
The central bank halted buying in May when prices surpassed $ US2,400 an ounce that month .
Analysts suggest the central bank is unlikely to resume purchases if gold prices persist at current elevated levels.
VR Score
79
Informative language
85
Neutral language
14
Article tone
formal
Language
English
Language complexity
38
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not offensive
Hate speech
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Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
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