China Doubles Down on Gold Strategy Amid Trump Trade Tensions

25.04.07

The Peopleโ€™s Bank of China added 0.09 million troy ounces of gold to its reserves in March, marking its fifth straight month of purchases. This follows a six-month pause after an earlier 18-month buying spree. Chinaโ€™s actions reflect a wider movement among central banks worldwide to diversify their reserves withโ€ฆ

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