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News & Articles By Willow Tohi
12/12/2024
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By Willow Tohi
China resumes gold purchases, sparking market rally and shaping global gold dynamics
China Resumes Gold Purchases: The People’s Bank of China (PBOC) restarted gold buying in November after a six-month pause, sparking a surge in gold prices to two-week highs. Catalyst for Price Surge: The resumption of Chinese gold purchases, following an 18-month buying streak, acted as a key driver for the recent price jump, breaking a […]
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