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🔵📉 China's Gold and Cash Reserves: A Shift in Priorities?

🔷 China added only 70,000 ounces of gold (≈ 2.2 tons) in June.

⬅️ This is the fourth consecutive month in which the pace of gold purchases has slowed.

🔷 In contrast:

✅ China added $32 billion to its cash reserves.

⬅️ That is, for every 0.24 billion in gold, it injected 32 billion in cash.

🔷 The message is clear:

China currently favors holding more cash than gold and does not appear interested in buying at current prices.