China Buys 21 Tons of Gold Worth ₹27,000 Crore, Largest in 3 Years
China purchased 21 tons of gold worth ₹27,000 crore, marking its largest gold acquisition in three years. This significant buying spree comes amid market fluctuations and a drop in gold prices. China's gold reserves have increased for the 23rd consecutive month, reflecting its strategy to diversify away from the dollar and strengthen its position as a global gold superpower.
Jagran·