China’s Central Bank Buys More Gold

China’s central bank overhaul
Justin Trudeau is resigning as Canadian Prime Minister, and Germany’s solar power industry is in trouble. US bankruptcy filings hit their highest rate in 14 years, and the People’s Bank of China has announced a major policy overhaul as pressures on the economy mount.
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.
Central Bank Gold Statistics: November 2024
Assessing the final act of 2024, central banks around the world continued to play a leading role in the demand for gold. Click to read.
Transcript: China’s central bank overhaul
Justin Trudeau is resigning as Canada’s prime minister. And the outlook for Germany’s solar panel industry is a bit cloudy. Plus, China’s central bank is planning a policy overhaul. I’m Kasia Broussalian, and here’s the news you need to start your day. Canadian Prime Minister Justin Trudeau announced that he is stepping down.
Gold Futures Rise as China Central Bank Buys More Bullion
Gold futures rose as China boosted its reserves of the precious metal for the second consecutive month, while gold traders are likely in for a volatile week, with U.S. labor data due Tuesday, Wednesday and Friday.
Gold gains as China's central bank bought more bullion in December
Gold futures rose Tuesday to snap a two-session losing streak, gaining from a softer dollar after President-elect Trump rejected reports of a more moderate trade policy approach. Gold prices broadly shrugged off stronger than expected U.
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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Stability of RMB exchange rate guaranteed despite depreciation
Therefore, the recent decline in the RMB exchange rate is a result of global currencies coming under pressure from the dollar ...