China Makes Largest Gold Purchase Since 2023, Sends Message to India
China has made its largest gold purchase since 2023, buying 21 tons worth ₹27,000 crore. This move comes as gold prices stabilized following shifts in Russian gold supply due to Western sanctions. China is converting dollars into gold reserves, signaling a strategic shift in its holdings. This development has implications for global gold markets and sends a message to India.
Navbharat Times·




