🇨🇳 BIG: China continues massive $XAU gold buying streak

China has increased its reserves to record levels after continuously buying gold for 16 months, totaling $XAU . The total gold reserves have now reached 2,309 tonnes, with a current market value of approximately $371 billion.

Experts say that China's aggressive gold accumulation may be part of a strategy to reduce global financial uncertainty and dependency on the dollar. This trend could also have a significant impact on gold prices in the future.