Down the yellow brick road: China buying gold & dumping dollar assets as trade war with US escalates

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Down the yellow brick road: China buying gold & dumping dollar assets as trade war with US escalates

Posted by The Analyst | June 24, 2019 | Business
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Gold prices rallied to six-year highs last week and continued posting gains on Monday at $1,403 per ounce. China boosting its gold stockpile, to shift away from the US dollar, has added to the precious metal’s resurgence.
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