Over this period, China’s monetary authority has bought at least three times as much gold than formally reported. Chart 2. Note that London is not the only place where the PBoC snaps up gold. I was ...
(Bloomberg) -- Gold rose close to a record high after US President Donald Trump signaled a less aggressive approach to China ... tensions and central-bank buying. Traders are now also focusing ...
When the prices of stocks, bonds and real estate drop sharply, gold may hold its value—and can even appreciate as nervous investors rush in to buy. Owning gold is also a way to add ...
Following U.S. President Donald Trump’s hint at a more lenient approach towards China, gold prices are nearing historical highs, and the dollar is weakening. Gold is trading around $2,780 per ounce, ...