The People’s Bank of China wants to hold gold as a form of currency as well as store of value. Photo: Shutterstock

China steps up gold holdings amid trade war with US; demand rises among consumers too

Official gold reserves in mainland China stood at 1,843 tonnes in second quarter of 2018

Topic |   Commodities

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The People’s Bank of China wants to hold gold as a form of currency as well as store of value. Photo: Shutterstock
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