China’s Central Bank Buys More Gold

China’s central bank overhaul
Justin Trudeau is resigning as Canadian Prime Minister, and Germany’s solar power industry is in trouble. US bankruptcy filings hit their highest rate in 14 years, and the People’s Bank of China has announced a major policy overhaul as pressures on the economy mount.
China’s Central Bank Buys More Gold as Prices Trade Near Record
China’s central bank expanded its gold reserves for a second month in December, signaling renewed appetite after temporarily pausing purchases last year as prices soared.
Central Bank Gold Statistics: November 2024
Assessing the final act of 2024, central banks around the world continued to play a leading role in the demand for gold. Click to read.
Transcript: China’s central bank overhaul
Justin Trudeau is resigning as Canada’s prime minister. And the outlook for Germany’s solar panel industry is a bit cloudy. Plus, China’s central bank is planning a policy overhaul. I’m Kasia Broussalian, and here’s the news you need to start your day. Canadian Prime Minister Justin Trudeau announced that he is stepping down.
Gold Futures Rise as China Central Bank Buys More Bullion
Gold futures rose as China boosted its reserves of the precious metal for the second consecutive month, while gold traders are likely in for a volatile week, with U.S. labor data due Tuesday, Wednesday and Friday.
Gold gains as China's central bank bought more bullion in December
Gold futures rose Tuesday to snap a two-session losing streak, gaining from a softer dollar after President-elect Trump rejected reports of a more moderate trade policy approach. Gold prices broadly shrugged off stronger than expected U.
China is back to hoarding gold ahead of an uncertain time for its economy in Trump's second term
Goldman Sachs predicts gold could reach $3,000 per ounce by the second quarter of 2026 amid strong central bank demand.
People’s Bank of China signals interest rate reduction this year amid policy shift
The People’s Bank of China announced on Friday that it would likely reduce interest rates from the current 1.5% "at an ...
China’s central bank says it will cut banks reserves, rates at proper time
China's central bank said it is likely to cut interest rates from the current level of 1.5% "at an appropriate time" in 2025, ...
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China Everbright issues first tranche of medium-term notes for 2025
CHINA Everbright Water has issued its first tranche of medium-term notes (MTNs) for 2025 with a principal amount of 1.5 ...
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In the BANK OF CHINA HONG KONG TENNIS OPEN final on Sunday, Kei Nishikori faces Alexandre Muller.In his last competition, ...
China's economic stimulus measures since September
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China's Central Bank Vows 'Moderately Loose' Monetary Policy
China's central bank has outlined a "moderately loose" monetary plan aimed at boosting domestic demand to spur growth, days after President Xi Jinping called for more proactive macroeconomic policies.
After year of big corruption crackdown, China promises more probes, retribution
One day before a key meeting of China's anti-graft watchdog, the state broadcaster aired a programme on how grassroots ...
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Stability of RMB exchange rate guaranteed despite depreciation
Therefore, the recent decline in the RMB exchange rate is a result of global currencies coming under pressure from the dollar ...