China Doesn’t Increase Gold Holdings For 2nd Straight Month
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The People’s Bank of China released their latest gold holdings data on Monday and reported for a 2nd straight month that they did not add to their gold reserves. And this is after a streak of 18 months of consecutive reported purchases.
Of course, China is an important participant in the gold market, with a surge of Chinese buying being one of the key drivers of the rally we’ve seen this year. So on today’s show, which takes place live at the Rule Symposium, I talk with Andy Schectman about the latest gold and silver developments.
Video Length: 00:50:46
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Disclosure: None.