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China, Gold
Gold futures jump on China central bank buying, more Middle East instability
Gold futures rallied Monday as China's central bank resumed purchases of bullion in November after a six-month hiatus, which may shore up Chinese investor demand. The People's Bank of China said it bought 160K fine troy ounces last month,
China's central bank resumes gold purchases after six-month hiatus in Nov
China's central bank resumed buying gold for its reserves in November after a six-month pause, official data by the People's Bank of China (PBOC) showed on Saturday.
China Resumed Gold Purchases Last Month After Prices Soared
November gold reserves rose to 72.96 million fine troy ounces from 72.8 million fine troy ounces a month ago, according to data from the People’s Bank of China.
17h
on MSN
China's yuan likely to stabilise and strengthen, central bank says
The foundation for a "basically stable" yuan exchange rate remains "solid," according to an article published by Financial ...
10h
China may bank on balance-sheet expansion, not interest rate cuts, for growth: economist
While Beijing is unlikely to implement universal consumption subsidies, officials may try to boost spending by raising ...
2d
China Eases Overall Monetary Policy Stance for First Time in 14 Years
Faced with a faltering economy and falling prices, the Politburo loosened the policy approach of China’s central bank and ...
37m
‘Let yuan fall’: China’s new mantra to counter Trump tariff as Xi battles to revive economy
China is considering allowing its currency yuan to weaken in 2025 as the country braces for higher US trade tariffs as Donald ...
CNN
2d
China vows to ramp up moves to spur economic growth in 2025
China
’s economy has struggled this year, prompting policymakers to act in September, with the
central
bank
unveiling its most aggressive monetary easing since the pandemic, cutting interest ...
12d
China central bank conducts 800 bln yuan of outright reverse repos in Nov
China's central bank said on Friday it conducted 800 billion yuan ($110.59 billion) of outright reverse repos in November.
6d
Wall Street Banks Predict Biggest China Rate Cuts in Decade
China’s central bank will deliver the biggest interest-rate cuts in a decade next year as policymakers intensify efforts to ...
8d
China’s 2025 economic path previewed as central bank pledges ‘supportive’ monetary policy
People’s Bank of China governor Pan Gongsheng pledges to ensure adequate liquidity and lower overall financing costs for ...
1d
Why struggling China has hit the panic button
Failed to fetch dynamically imported module: https://finance.yahoo.com/assets/_app/immutable/nodes/91.IM06wodO.js ...
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