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China’s Hidden Stash: The Truth Behind Its Gold Reserves

Mr. Anderson Jun 28
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Article Summary

Recently, gold prices took a nosedive after the People’s Bank of China (PBoC) didn’t add any gold to its reserves in May. This panic-driven sell-off was completely unnecessary. One month of inactivity doesn’t mean China has stopped buying gold, no matter what some sensationalist media outlets might claim.

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