China has stockpiled over 2,300 tons of gold
The nation has expanded its gold reserves for nineteen consecutive months to reduce its reliance on the U.S. dollar.
The People's Bank of China has engaged in a sustained buying spree, increasing its gold reserves every single month for over a year and a half. By the end of this nineteen month streak, the country's total gold holdings reached approximately 2,331 tons. This massive accumulation represents a strategic pivot toward tangible assets as the nation seeks to diversify its foreign exchange reserves.
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