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China Is Buying Gold at Record Prices, Here’s Why

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China’s central bank isn’t waiting for gold prices to cool off before buying. The People’s Bank of China (PBOC) added roughly 650,000 ounces, about 20.2 tonnes, to its gold reserves in August, its largest single-month increase since October…

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China Is Buying Gold at Record Prices, Here’s Why
CoinEdition 6h ago

China Is Buying Gold at Record Prices, Here’s Why

China’s central bank isn’t waiting for gold prices to cool off before buying. The People’s Bank of China (PBOC) added roughly 650,000 ounces, about 20.2 tonnes, to its gold reserves in August, its largest single-month increase since October…