China Stockpiles Gold Bullion at Record Rates Amid Economic Shifts
Economy

China Stockpiles Gold Bullion at Record Rates Amid Economic Shifts

China's central bank made one of its largest gold purchases in August, extending a 22-month streak of reserve expansion. This strategic move signals a shift away from USD reliance and towards economic security. Retail investors are also flocking to gold, increasing China's influence in the global precious metals market.

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