Trading gold? I gotta hand it to Chinese aunties~ Back when gold was at its peak, my aunt and my mom were all saying they wanted to sell their jewelry. They had one reason: once the war is over, prices will drop. Now, recently, they bought their jewelry back, saying it’s too cheap to pass up. Then I checked the macro data, and wow, the aunties’ moves are basically in sync with the Chinese government. Unreal! China’s central bank announced another 20-ton gold purchase in July, marking the largest single-month increase since October 2023! That’s 21 consecutive months of net buying: After stepping up purchases in May (+10 tons) and June (+15 tons), July saw an even bigger move with 20 tons added. In the first 7 months of this year, the Chinese central bank has officially added 60 tons of gold to its reserves, pushing the total to a record-breaking 2,366 tons.