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Business Insider: China is Back to Hoarding Gold Ahead of an Uncertain Time for its Economy in Trump's Second Term

January 9, 2025
China Resumes Gold Hoarding

Article by Huileng Tan in Business Insider

China appears to be loading up on gold ahead of US President Donald Trump's inauguration on January 20.

In December, China's central bank added 330,000 troy ounces of gold to its reserves in a second month of expansion of its gold stash, according to official data released on Tuesday.

As of December, China held 73.29 million ounces of gold, up from 72.96 million in November.

China's building up of its gold reserves came after a .....

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