Can China bring in more bullion as central banks shift gold reserves from US? - South China Morning Post
Can China bring in more bullion as central banks shift gold reserves from US? - South China Morning Post
Source: South China Morning Post
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DW NOTE
The Fed owns 8,133 tonnes of gold. China officially reports 2,264. The difference isn't reserves policy — it's that one side reports and the other accumulates. Central banks bought a record 1,136 tonnes in 2022, most of it heading east. If you're watching "shifts" you've already missed the decade-long reallocation that happened while Western analysts debated whether gold still mattered.