Home Investment China buys 15 tons of gold in June as central banks build up reserves
Investment

China buys 15 tons of gold in June as central banks build up reserves

Share


Institutional investors sell with rise in US rates, chasing higher returns

20260708N Gold and PBOC

The People’s Bank of China has increased its gold reserves for 20 straight months, a record stretch since comparable data began in 1999. (Nikkei montage)

TOKYO — Central banks in emerging markets and elsewhere have increased gold purchases as prices fall, in sharp contrast with institutional investors that are selling the precious metal in response to rising U.S. interest rates.





Source link

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Don't Miss

Centrable Bank Digital Currency – All News And Posts By Crowdfund Insider

June 18, 2026 @ 9:10 am By JD Alois  |   The 21st Century ROAD to Housing Act (HR 6644) earned solid bipartisan support...

RFAs: European Court of Auditors Postgraduate Research Grant Programme – fundsforNGOs

RFAs: European Court of Auditors Postgraduate Research Grant Programme  fundsforNGOs Source link

Related Articles

Advanced Micro Devices (AMD): Top 10 Best Stock to Buy in Glen Kacher’s Portfolio

Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the 10 Best Stocks...

SpaceX Bonds Are Trading Like Junk Bonds. What Does That Mean for Investors?

Equity investors love SpaceX. The bond market, however, is a bit more...

Mutual funds holding cash: Is high cash balance a red flag for investors? Experts explain

A mutual fund primarily invests in stocks, bonds, or commodities, but not...

Three new investment education sessions at milestone 100th event

Three new areas of ‘private rental sector education’ will spearhead a landmark National...