The second and third quarters are the most prosperous wedding seasons in India. Traditionally, their weddings are accompanied by gold, which is a month of increasing weddings and festivals in India, so the demand for purchases will increase greatly this month, "said an analyst of Canaccord Adams Research Department on Wednesday. Weddings in India are usually concentrated from late September to March next year, and jewelers will also buy gold on the religious festival Diwali in India.

Third, in addition to the IMF, there are some banks and exchanges, all of which have certain gold content. And ETF funds.

There are about 600 tons in China now. In recent years, China has been increasing its foreign exchange reserves in US dollars.