goldmarkets

#Gold Update 🚨📈🇨🇳China’s Gold Appetite Grows Again as Reserves Hit New High
China completed its 18th consecutive month of gold purchases, pushing reserves to an all-time high. Moreover, the People’s Bank of China notched the largest single monthly demand surge in 15 months, signaling a rapacious appetite for physical gold and a policy-driven accumulation. Meanwhile, Chinese consumer demand remains tepid, but the real drivers of precious metals prices remain strong
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