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2022-12-07T09:49:02.106Z
The People's Bank of China has increased gold reserves, which may have a positive impact on prices. According to Bloomberg, China's gold reserves rose to 63.67 million troy ounces at the end of November from 62.64 million in the previous month. Previously, China did not report a change in its gold reserves for a long time. It is assumed that China's increase in gold reserves may be part of a plan to diversify reserves and remove dependence on the dollar. Earlier it was reported that almost ha
According to Bloomberg, China's gold reserves rose to 63.67 million troy ounces at the end of November from 62.64 million in the previous month.
Previously, China did not report a change in its gold reserves for a long time.
It is assumed that China's increase in gold reserves may be part of a plan to diversify reserves and remove dependence on the dollar.
Earlier it was reported that almost half of the trade between Russia and China is carried out in national currencies.
Source: russiart
