Browsing: Precious Metals

China’s bold gold-buying spree has captured global attention. In a time of economic uncertainty and currency fluctuations, Beijing is on a mission to strengthen its financial stability and lessen its dependence on the U.S. dollar, all while establishing itself as a powerful contender in the international market.

German officials are raising concerns about the validity of the $109 billion in U.S. gold reserves, demanding verification of bullion bars held at the New York Federal Reserve. This request could have significant implications for international gold holdings.