GeneralBullishCrypto Briefing · Jun 87/10
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People’s Bank of China extends gold-buying streak to 19 months with massive May haul
The People's Bank of China has extended its gold-buying streak to 19 consecutive months with a substantial May purchase, signaling a deliberate strategy to diversify foreign reserves away from traditional currency holdings. This sustained acquisition pattern reflects broader geopolitical and economic shifts that could reshape global gold markets and currency dynamics.
