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January 8, 2025

China’s Central Bank Increases Gold Reserves: What It Means

China’s central bank has expanded its Gold reserves for the second consecutive month in December. This development is significant as it could indicate a broader strategy among central banks to secure more gold as an asset. Analysts from ING shed light on this trend as it unfolds, suggesting that the global perspective on gold may be shifting. Market watchers should keep a close watch on gold’s performance following this news.

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