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Market Views: What's driving China's gold reserve expansion?

Stanley Le
The People's Bank of China continues its bullion buying spree despite record-high gold prices, while new regulations open the door for insurers to enter the market. Asset managers weigh in on the strategic implications.
Market Views: What's driving China's gold reserve expansion?

In a notable development that has caught the attention of global markets, the People's Bank of China (PBoC) has extended its gold reserve accumulation for a third consecutive month in January, even as the precious metal trades near historic highs.

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