opinion

China Officially Adds to Gold Reserves as It Shifts Away from the US Dollar - SchiffGold.com - SchiffGold.com

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DW NOTE

China bought gold in September. The direction matters more than the total. They sold dollars to do it, and with ten-year Treasuries now at 5.27% — up over 10% in a month — Beijing is walking away from US debt at precisely the moment Washington needs buyers most.

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The United States has not pressured India to cut crude oil imports from Russia, Indian Oil Minister Hardeep Singh Puri said on Tuesday, as Russian cargo arrivals to the world’s third-largest crude oil importer have declined in recent weeks amid an increase in imports from the Middle East. India’s pu

China Officially Adds to Gold Reserves as It Shifts Away from the US Dollar - SchiffGold.com - SchiffGold.com

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