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China's Gold Buying Resumes Amid Global Economic Tensions

1 min read
Source: Bloomberg
China's Gold Buying Resumes Amid Global Economic Tensions
Photo: Bloomberg
TL;DR

China's central bank resumed gold purchases in November, adding 160,000 fine troy ounces to its reserves after a six-month hiatus, as gold prices reached record highs. This move follows an 18-month period of consistent stockpile increases by the People's Bank of China, which had previously supported strong bullion prices.

Topics:businesseconomy#bullion-prices#central-bank#china#economy#gold#reserves
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  1. China Resumes Buying Gold Reserves in Nov. After 6-Month Halt  Bloomberg
  2. China's central bank resumes gold purchases after six-month hiatus in Nov  Reuters.com
  3. Great weekend news for gold bulls as China's central bank resumes buying  ForexLive
  4. China Resumes Gold Buying As Trump Warns of 100% Tariffs. What’s Next For Prices?  FX Empire
  5. Massive Gold Coverup Happening Now - Andy Schectman  The Jerusalem Post

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