Russia and China are the two biggest gold producers in the world, with Australia close or matching Russia's increasing gold production.
https://www.statista.com/statistics/264628/world-mine-production-of-gold/
If Russia and China want their 'once in a century' change in the global financial power structures, then what better place to start than to change the control of the centuries-old gold pricing market, even if this is achieved through the death by a 'thousand cuts' of the Shanghai physical gold market?
And the Australian Reserve Bank.... 'crickets'!
Best looking weekly chart, page-1618
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