How China’s Hidden Gold Buying Drove The Record Rally

November 17, 2025

We've heard quite a bit over the past few months how the central banks aren't reporting all of the gold they've been purchasing.

And in this morning's show, Vince explains why the Financial Times is saying that China's hidden gold buying is the primary reason for the record-setting rally.

Arcadia Economics

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Gold weighs 19.3 times as much as an equal volume of water.
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