Economy, China, US-China Trade War, Gold, People's Bank of China,

China bought gold for the 8th straight month — and it’s just the latest sign the nation is in the trade war for the long haul

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REUTERS/Stringer China bought nearly 10 tons of gold in July, adding to its eight-month buying streak and bringing its reserves to 62.26 million ounces — about 1,945 tons. Gold acts as a safe haven for investors, as its value typically rises during times of economic weakness and market volatility. The purchase is another signal from […]

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