China Is on a Big Gold-Buying Spree

In tonnage terms, last month’s inflow was 11.2 tons, following the addition of 9.95 tons in February, 11.8 tons in January and 9.95 tons in December.

Interesting article about how China has been buying more and more gold recently. Actually, they've probably always been buying gold, they're just now reporting it. I've been disappointed in the price of gold lately, as it had looked like the price was heading to $1400, now it can't seem to hold above $1300.

Read the full story here...
https://www.bloomberg.com/