USD/CHF grapples with 1.03 handle

The USD/CHF trimmed gains to trade around 1.30 handle after having clocked a 5-year high of 1.0328 on Friday on rumours of SNB intervention.
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PBOC boosts gold reserves by another 450k oz t in Oct

The People's Bank of China (PBOC) added another 450,000 fine troy ounces to its gold reserves in October, bringing the total to 55.38 million fine troy ounces at the end of October, MNI reported based on the latest data posted on the PBOC website. The PBOC has been adding to its gold reserves since at least July.
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