China Officially Adds to Gold Reserves as It Shifts Away from the US Dollar - SchiffGold.com - content.schiffgold.com
China Officially Adds to Gold Reserves as It Shifts Away from the US Dollar - SchiffGold.com - content.schiffgold.com
Source: content.schiffgold.com
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DW NOTE
China bought gold in Q2 while the metal was rallying toward $5,300. Now it's down 21.5% from that peak and Beijing has gone silent for two months. Central banks don't announce reserve shifts to signal conviction — they announce them when the political value of the headline exceeds the trading cost of the transparency.