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China Continues To Buy Gold As Central Bank Market Booms

Video Credit: Wochit - Duration: 00:35s - Published < > Embed
China Continues To Buy Gold As Central Bank Market Booms

China Continues To Buy Gold As Central Bank Market Booms

China's gold-buying run is showing no signs of slowing down following the People's Bank of Chinas addition of even more of the precious metal to its reserves in March.

The central bank's website indicates an increase in reserves to 60.62 million ounces in March from 60.26 million a month earlier, marking a fourth consecutive month of higher figures.

According to Business Insider, gold's reputation as a safe haven may continue as greater market uncertainty concerns investors and governments globally.

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