China is the world's largest producer of the precious metal, but of late its central bank has been buying up large quantities. So what is it doing with it?
  • Seasm0ke@lemmy.worldEnglish
    4·
    2 years ago

    And another thing, it also says China PRODUCES the most gold. Okay so they produce the most and hold what, less than 30% what the US Fed holds? Ridiculous headline and article. Seems as if they’ve had every opportunity to amass more or equal to the other leaders and are only just now increasing holdings over the past 9 months.