Recently, a credible analysis confirms what has long been suspected: China is a significant and secretive buyer of gold over and above their announced purchases, likely since the Russian invasion ...
Via London alone, the PBoC has stockpiled 1,000 tonnes of gold since Russia’s foreign exchange assets were “frozen” by the West early 2022. London Exports to China Are a Proxy for PBoC ...
After a six-month pause, China's central bank started formally admitting its gold purchases again last month. According to data released by the People's Bank of China, it added about five tons of gold ...
China is already the biggest producer of gold in the world, accounting for around 10% of global output in 2023, according to Reuters. However, the country still uses more gold than it can produce ...
An extraordinary gold deposit, a true underground mountain, has been discovered in China's Hunan province. This discovery could transform the mining industry and strengthen China's position as a ...
China is claiming to have unearthed the largest gold deposit in the world — estimated to be worth more than $80 billion. More than 1,000 tons of gold reserves and ore veins were allegedly ...
Milk from buffalo is creating controversy in Pakistan as the country finalizes an agreement with China to export the product. Much of Pakistan’s milk production comes from buffalo. And recently ...
China’s central bank reinitiated gold purchases for its reserves after pausing for six months. At the end of November, China’s gold possessions increased by 160,000 fine troy ounces to 72.96 million ...
What is being dubbed as the largest gold deposit in the world has been found in China, state outlet Xinhua news said. The gold reserves are worth 600 billion yuan, according to Reuters ...
The World Gold Council (WGC) is skeptical about China’s Nov. 21 claim of discovering a $83 billion gold deposit in the southeastern province of Hunan. The Geological Bureau of Hunan Province ...
China’s state news media recently claimed that the world’s largest gold deposit was discovered in the country’s Pingjang County. The gold deposit has been estimated at roughly $83 billion U.S.