FACTBOX - China’s gold imports jump 89% in first half as prices retreat - Anadolu Ajansı
FACTBOX - China’s gold imports jump 89% in first half as prices retreat - Anadolu Ajansı
Source: Anadolu Ajansı
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DW NOTE
China imported 89% more gold in H1 as the price fell from $5,318 to $4,030. Western institutions sold the retreat; Beijing bought it. The PBOC has now added to reserves for 20 consecutive months, and every dip accelerates the pace.