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Since last December, she adds China Huge amounts of precious metals on their reserves, which has significantly affected the Gold priceUp 18% since the beginning of the year.
QuotesBloomberg"Beijing has added more than 94 tonnes of gold to its reserves since last December, which could justify the rise in the price of gold since the end of last year, according to the People 's Bank of China.
John Sharma, an economist at the National Bank of Australia, said Central Banks, Including China, were used Commercial War As an incentive to try to diversify its reserves, adding: "Gold provides ideal protection," at a time of political uncertainty.
The longest The rise of gold, Which corresponds to the escalation of the trade war between the United States and China, is a serious sign of investors' anxiety about the situation EconomyTraders' appetite for bonds and gold shows investors are scrambling to find assets considered Security havens In times of trouble.
Gold is currently at its highest level since February 2013, indicating the impact of the trade war on The global economyCentral banks around the world are downgraded Interest rate-Try to fight against the economic slowdown.
C & # 39; was International Monetary Fund, Had published a list last June, in which he revealed the most important Reserves for gold In the world.
Although it is generally believed that the IMF has the largest gold reserves because of its importance in the economies of many countries, this international organization ranks third after the second Germany and the United States of America, which are at the top of the list as follows.
7. China (1885 tons).
6 – Russia (2168 tons).
5. France (2436 tons).
Italy (2451 tons).
3. International Monetary Fund (2814 tons).
2.Germany (3369 tons).
United States of America (8133 tons).
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Since last December, China has added huge quantities of precious metals to its reserves, which has had a significant impact on the price of gold, recording an 18% increase since the beginning of the year. 39; year.
Beijing has added more than 94 tonnes of gold to its reserves since last December, which could justify the rise in the price of gold since the end of last year, Bloomberg quoted the Bank as saying. popular of China.
John Sharma, an economist with the Australian National Bank, said central banks, including China, had used the trade war as an incentive to try to diversify their reserves. "
The rise of the gold, in line with the escalation of the trade war between the United States and China, is an important sign of investors' anxiety about the state of l & # 39; economy.
Gold is currently at its highest level since February 2013, which indicates the impact of the trade war on the global economy, while central banks around the world have reduced rates of interest. Interest in order to combat the economic slowdown.
The International Monetary Fund, which published a list last June, revealed the largest gold reserves in the world.
Although it is generally believed that the IMF has the largest gold reserves because of its importance in the economies of many countries, this international organization ranks third after the second Germany and the United States of America, which are at the top of the list as follows.
7. China (1885 tons).
6 – Russia (2168 tons).
5. France (2436 tons).
Italy (2451 tons).
3. International Monetary Fund (2814 tons).
2.Germany (3369 tons).
United States of America (8133 tons).
