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đŸ””đŸ“‰ China's Gold and Cash Reserves: A Shift in Priorities?

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

âŹ…ïž This is the fourth consecutive month in which the pace of gold purchases has slowed.

đŸ”· In contrast:

✅ China added $32 billion to its cash reserves.

âŹ…ïž That is, for every 0.24 billion in gold, it injected 32 billion in cash.

đŸ”· The message is clear:

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