China’s central bank gold reserves hit a record high, but Poland remains the biggest buyer

From kitco.com

The gold market is experiencing some solid selling pressure, but it continues to hold its ground at around $3,000 an ounce as the global economy tries to come to grips with the extreme volatility caused by President Donald Trump’s broad import tariffs. Analysts note that gold has been caught up in broader market deleveraging due to fear that a global trade war will push the global economy into a recession; however, analysts also note that there is still solid value in the marketplace as central banks remain net buyers of gold. China remains a key player in the marketplace, albeit its purchases have slowed in recent ... (full story)