šØš³China continues to hoard gold š°
The Peopleās Bank of China bought about 20 tons of gold in Augustāits largest monthly addition since October 2023ācontinuing its purchases for the 22nd consecutive month.
š” Chinaās official gold reserves have reached about 2,387 tons, clearly continuing a policy of diversifying reserves.
š“ China keeps buying even as gold prices rise⦠so what would it do if they dropped further?
The Peopleās Bank of China bought about 20 tons of gold in Augustāits largest monthly addition since October 2023ācontinuing its purchases for the 22nd consecutive month.
š” Chinaās official gold reserves have reached about 2,387 tons, clearly continuing a policy of diversifying reserves.
š“ China keeps buying even as gold prices rise⦠so what would it do if they dropped further?
