China Leads Renewed Central-Bank Gold Buying With MASSIVE 48 Tonne Purchase - SilverTrade
Source: SilverTrade
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DW NOTE
China bought 48 tonnes of gold in a single month while the metal trades 22.5% below its January peak. That's not diversification — that's an exit from dollar claims while Western holders capitulate into the drawdown.
Oil prices hit the $100 per barrel mark early on Wednesday in Asian trade as the ongoing crisis in the Middle East has diminished hopes of U.S.-Iran talks and a return to normal oil flows soon. As of early morning trade in Europe on Wednesday, the international benchmark, Brent Crude, jumped by 2.2
Bitcoin advanced to as high as $79,700 while Brent crude topped $100 and European shares fell, leaving crypto tracking gold rather than equities.
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