Report: China Could Be Hoarding Over 5,300 Tonnes of Gold, Might Create Price ‘Perfect Storm’

A fresh report from Jan Nieuwenhuijs, an expert in the Chinese gold market, has found that the actual gold reserves pulled by the People’s Bank of China might comprise over 5,300 tonnes, dwarfing official numbers. Nieuwenhuijs unfolds China might be a driving force behind increasing gold prices, as the country moves to hoarding gold to […]