🇨🇳🥇 The gold trade between China and Russia reaches a historic high

In November, China set a new record by importing $961 million in gold from Russia, the largest single gold operation in the history of bilateral trade, according to media reports citing Chinese customs data.

📊 Overview:

Jan–Nov 2025: China imported $1.9 billion in Russian gold

That is almost 9× higher than the same period last year

🔍 What this indicates:

Acceleration of dedollarization

Increase in the preference for hard assets

Strategic diversification of reserves amid geopolitical tensions

When central banks and major economies move so aggressively towards gold, it's not about speculation, it's about trust, sovereignty, and long-term stability.

#Gold #China #Russia #CentralBanks #DeDollarization #Macro