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3232Report Reveals China Continues to Secretly Grow Its Gold Stash, Misleading Market to Cause Price Cool-Off
https://www.digit.info/report-reveals-china-continues-to-secretly-grow-its-gold-stash-misleading-market-to-cause-price-cool-off/
Thu, 01 Aug 2024 06:30:15 +0000https://www.digit.info/report-reveals-china-continues-to-secretly-grow-its-gold-stash-misleading-market-to-cause-price-cool-off/Read more]]>Jan Nieuwenhuijs, a gold analyst specializing in Chinese markets, alleges that China has continued to secretly buy gold without reporting it to the market, benefiting from a price cool-off. Nieuwenhuijs states that the strategy of the PBOC is to purchase gold through UK bullion banks, which goes unreported by using non-traditional bank conduits. Report Alleges […]
Jan Nieuwenhuijs, a gold analyst specializing in Chinese markets, alleges that China has continued to secretly buy gold without reporting it to the market, benefiting from a price cool-off. Nieuwenhuijs states that the strategy of the PBOC is to purchase gold through UK bullion banks, which goes unreported by using non-traditional bank conduits. Report Alleges […]
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