The Kobeissi Letter
The Kobeissi Letter|May 09, 2025 18:28
China keeps stocking up on gold: China’s central bank increased its gold holdings by ~70,000 troy ounces in April, to a record 73.8 million. This marks China's 6th consecutive monthly purchase. During this time, China’s gold holdings have risen by ~1 million ounces, or ~30
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