Gold price WARNING: China’s July 24 “shock” or not? - KITCO
Gold price WARNING: China’s July 24 “shock” or not? - KITCO
Source: KITCO
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DW NOTE
China holds 2,264 tonnes of gold in official reserves and has been the world's largest producer for seventeen consecutive years. If Beijing signals a policy shift on July 24—whether reserve drawdowns, production quotas, or export controls—it would move the $4,058 spot price more than any central bank commentary. Kitco is teasing a binary event without stating what it is, which means either they know something specific or they're trading on calendar anxiety.