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Record gold purchases reported in China from institutions and households

Plain-English macro / "Real Money", 0:25, published 2026-10-12

Record gold purchases reported out of China. 🪙📊

According to reporting from CNBC, China is seeing record gold purchases driven by both institutional and domestic demand. The buying is fueled by Beijing's push to diversify away from the dollar, as well as Chinese households seeking safe places for their savings.

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This update is for informational purposes only and does not constitute financial advice or investment recommendations.

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