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BeInCrypto • Appeared October 7th 2026 10:00 am

Gold Slid Over 6% in September and China Bought More of It Than in Any Month Since 2023

China’s central bank added 740,000 ounces of gold to its reserves in September, its largest monthly purchase since October 2023. The buying came as gold fell over 6%. The People’s Bank of China (PBOC) lifted its holdings to 77.47 million fine troy ounces from 76.73 million in August. September also marked its 23rd straight month

Our Summary:China's central bank added 740,000 ounces of gold to its reserves in September, its largest monthly purchase since October 2023, as gold fell over 6%. The move marked the seventh straight month of larger additions, and the country's gold holdings now stand at 77.47 million fine troy ounces. China's gold buying has grown every month since March, and the country is now the second-largest gold buyer in the world, behind Poland.

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CoinTelegraph • Appeared October 6th 2026 6:30 pm

Russia’s digital ruble accounts top 220K in first month, nearly 4X central bank forecast

The digital ruble’s early uptake comes as BRICS nations explore linking their digital currencies for cross-border trade and payments.

Our Summary:Russia's digital ruble has seen an impressive first month, with over 220,000 accounts opened, exceeding the central bank's forecast by nearly 4 times. This early adoption comes as BRICS nations explore linking their digital currencies for cross-border trade and payments, driven by Russia's need for alternative payment options due to Western sanctions.

#CBDCs#Russia#BRICS#DigitalRuble#CentralBankDigitalCurrency(Click on hashtags to filter all articles containing those hashtags.)