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Markets eye China’s gold holdings in September reserves replace. Data due Oct 7 China time.

China is set to release its September foreign exchange reserves data on October 7, with markets watching closely to see if the People’s Bank of China (PBOC) continues its gold-buying streak for an 11th straight month.

In August, reserves rose from the previous month, helped by a weaker US dollar and higher global asset prices. Investors are now focused on whether the central bank will further expand its gold holdings, a trend that has underscored Beijing’s push to diversify reserves away from the dollar.

I have this data due at 0800 GMT / 0400 US Eastern time. I am unsure on this timing though. I expect it a bit earlier than 0800 GMT.

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