What To Make Of China Not Buying Gold In May

June 10, 2024

Data released on Friday shows that the People's Bank of China did not add to its gold reserves in May, following a streak of 18 consecutive months of increases.

Of course, China isn't always the most transparent country in terms of giving a clear picture of how much gold they're actually buying. And in a world of sanctions, tariffs, and diverging international commodity pricing, Vince Lanci takes a look at the latest figures, and what to make of the message being sent.

To find out more, click to watch the video now!

Arcadia Economics

***********


China is poised to become world's biggest gold consumer.
Top 5 Best Gold IRA Companies

Gold Eagle twitter                Like Gold Eagle on Facebook