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13.02.26 - 00:42
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China′s Central Bank Keeps Buying Gold... And Dumping US Debt (ZeroHedge)
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China's Central Bank Keeps Buying Gold... And Dumping US Debt
Authored by Andrew Moran via The Epoch Times,
China's ferocious appetite for gold is influencing the global metals market, and that demand is what will keep driving up metal prices, according to Michael Howell, founder of CrossBorder Capital.
The People's Bank of China's gold holdings totaled 74.19 million fine troy ounces by the end of January, up from 74.15 million in the previous month, according to recent central bank data.
Beijing's value of gold reserves also surged to $369.58 billion, from $319.45 billion in December 2025.
Gold accounts for almost 9 percent of China's total reserves, the World Gold Council estimates.
The metals market has been on a roller coaster ride over the past few months.
Gold prices are currently trading at about $5,000 per ounce—up by 17 percent this year—on the COMEX division of the New York Mercantile Exchange.
Silver, the sister commodity to gold, is hovering at about $80 per ounce. The wh...
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12.02.26 - 21:36
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Nagel: EZB muss bezüglich Unabhängigkeit wachsam bleiben (Dow Jones)
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Von Hans Bentzien DOW JONES--Die Europäische Zentralbank (EZB) muss nach Aussage von EZB-Ratsmitglied Joachim Nagel trotz ihrer im EU-Recht verankerten Unabhängigkeit wachsam bleiben, nicht für fiskalische Zwecke in den Dienst genommen zu werden. "Eine ......
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