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China’s Central Bank Buys More Gold
China’s Central Bank Buys More Gold as Prices Trade Near Record
China’s central bank expanded its gold reserves for a second month in December, signaling renewed appetite after temporarily pausing purchases last year as prices soared.
Gold Shines Bright as China's Buying Spree Bolsters Prices
Gold prices are holding steady above $2,650 after Chinas central bank purchased more gold in December 2024. It hit a low of $2,614.90 on Mondayand currently trading around $2,653. Chinas Central Bank Resumes
Gold gains as China's central bank bought more bullion in December
Gold futures rose, gaining from a softer dollar after Trump rejected reports of a more moderate trade policy approach. China raised its gold reserves for the second straight month.
Gold Rises as China Central Bank Buys More Bullion
Gold futures were rising after China boosted its gold reserves for the second consecutive month. Futures were up 0.45% at $2,659.30 a troy ounce. The People's Bank of China bullion reserve rose to 73.
dollar, Gold
Gold pares gains as dollar rebounds following US jobs data
Gold prices pared earlier gains on Tuesday, pressured by a strengthening dollar and Treasury yields after rising U.S. job openings signalled diminishing odds of large rate cuts by the Federal Reserve.
Gold gains as dollar slips
Gold prices rose on Tuesday as the US dollar eased due to uncertainty around President-elect Donald Trump’s tariff plans, with further support coming from top consumer China’s central bank adding to its gold reserves for a second straight month.
Gold Edges Higher on Dollar Weakness With Tariff Risk in Focus
Gold edged higher on dollar weakness as traders weighed risks to global trade after President-elect Donald Trump denied a report he might moderate plans for across-the-board tariffs.
23h
on MSN
China is back to hoarding gold ahead of an uncertain time for its economy in Trump's second term
Goldman Sachs predicts gold could reach $3,000 per ounce by the second quarter of 2026 amid strong central bank demand.
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6h
After stellar '24, gold market likely to slow
An employee sorts gold ornaments at a jewelry shop in Lianyungang, Jiangsu province. [PHOTO by SI WEI/FOR CHINA DAILY] ...
18h
Growing gold reserves highlight China’s resilience against external risks
In the face of increasing uncertainty in the global economic and financial landscape, China's foreign exchange and gold ...
11d
$83 Billion Gold Deposit Unearthed In China – Is This The Largest Find In History?
China is already the world's largest gold producer, with reserves estimated at over 2,000 metric tons earlier this year, ...
6d
Asia Gold India gold demand lags; China premiums rise ahead of Lunar New Year
Gold discounts in India remained steady this week as elevated prices kept buyers away, while Chinese dealers charged higher ...
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1d
China is stacking up gold after devaluing its currency
China’s got a plan, and it involves a mountain of gold and a weaker yuan. The People’s Bank of China (PBOC) has been on a ...
Money Metals Exchange
6d
Chinese Gold Demand Shows Signs of a Rebound
It appears the Chinese have hopped back on the gold bandwagon with imports increasing along with a flip to price premiums.
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