China is now the world’s biggest consumer and producer of gold. China only begun to buy gold again, which is also supporting its mining industry as the US did during the 19th century with silver. Prior to December 2018, the last time China bought gold was back in 2016.
www.armstrongeconomics.com/markets-by-sector/precious-metals/gold/china-buying-gold-why/
China is now the world’s biggest consumer and producer of gold....
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