🚨 The current gold price is approximately $5,200 USD, and the latest data shows that China's official gold reserves have reached a new high, totaling $369.6 billion USD, with a month-on-month increase of 15.7%. This marks the 15th consecutive month of central bank gold purchases.
The characteristics of this government-led gold bull market are becoming increasingly evident: 1️⃣ The total scale has reached a record high, with the incremental amount in a single reserve expansion cycle approaching the trillion-dollar level! 2️⃣ Its continuity is rare, with 15 consecutive months of uninterrupted operations, which is extremely uncommon in the history of global central bank reserve management.
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🚨 The current gold price is approximately $5,200 USD, and the latest data shows that China's official gold reserves have reached a new high, totaling $369.6 billion USD, with a month-on-month increase of 15.7%. This marks the 15th consecutive month of central bank gold purchases.
The characteristics of this government-led gold bull market are becoming increasingly evident:
1️⃣ The total scale has reached a record high, with the incremental amount in a single reserve expansion cycle approaching the trillion-dollar level!
2️⃣ Its continuity is rare, with 15 consecutive months of uninterrupted operations, which is extremely uncommon in the history of global central bank reserve management.