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Showing posts with label EM. Show all posts
Showing posts with label EM. Show all posts

October 31, 2023

#China stands out as largest buyer of #gold this year


Central banks have bought 800 tonnes in first nine months of the year, up 14% year-on-year, according to a report by the World Gold Council 

Central banks in emerging markets look to reduce reliance on US dollar for reserves holdings

China has stood out as the largest purchaser of gold this year as part of a 11-month buying streak. The People’s Bank of China has reported snapping up

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