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China resumes gold buying as central banks rebuild reserves
✓ The Sydney Morning HeraldMoney & Work

China resumes gold buying as central banks rebuild reserves

China's central bank added 20 tonnes in July, breaking a period of slower gold purchases triggered by the Iran war uncertainty.

Why it mattersCentral bank buying could strengthen gold's price recovery, affecting investors' returns and how nations manage their reserves.

AustraliaAustralians holding gold investments or super funds with gold exposure will benefit if central bank buying pushes the price back toward its February peak.

✓ Claims checked against the source. checked 9 h ago

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