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Report: China Suspected of Stockpiling Gold to ‘Cut Greenback Dependence’

Post author:MiamiCrypto
Post published:November 22, 2022
Post category:BRICS Nations BRICS reserve currency Central Bank of the Russian Federation Central Banks Economics Gold-backed currency international reserve currency Japan's Nikkei Munemasa Horio Nikkei Nikkei Asia PBOC People's Bank of China Russia Saudi Arabia U.S. bonds U.S. debt U.S. dollar United States WGC report World Gold Council

During the first week of November, the World Gold Council’s (WGC) report that covered last quarter’s global gold demand noted that central banks worldwide purchased close to 400 tons of…