China’s central bank boosts gold reserves by most since 2023 - Investing.com
China’s central bank boosts gold reserves by most since 2023 - Investing.com
Source: Investing.com
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DW NOTE
The PBOC is front-running the dollar's decline by buying more gold than at any time in three years — while the yuan still holds under 3% of global reserves and Treasuries yield 4.77%. Beijing knows it cannot simply declare reserve currency status; it has to build the alternative first, one tonne at a time.