Loading ...dont tell the whole story ..I learned from my European friend .Central Banks in Europe ONLY buy up to the Limits set for them by Central Bank RULES ,So I suspect if China wants to join in on GOLD Pricing they follow the same rules ….Therefore China only reported their purchases for the purpose meeting GDP Guidelines and no more .The Central Bank cannot hold more ,but other China agencys can hold the rest …not Central Banks.! The analysts figured imports or local purchases of GOLD should have been double that REPORTED and I suspect BOTH are correct . So dont rely too much on Central Bank Purchases as a guide to How much GOLD China is buying !
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