Similar Stories to China's Central Bank Recommends Gold For "value Preservation" on Bing News

Believe it or not Ripley! The People's Bank of China(PBOC) recommended yesterday that 1 billion Chi

Topics:  ripley   people's bank   china(pboc    chi   
BING NEWS:
  • Central banks accumulate dollars, gold; get rid of yuan
    More global central banks plan to increase their reserves of the now-high-yielding U.S. dollar as their interest in the Chinese yuan deteriorates due to low yields and geopolitical tensions according ...
    06/6/2024 - 1:00 am | View Link
  • Gold purchases by central banks were strong in April despite high prices, WGC says
    Net purchases of gold by global central banks rose to 33 metric tons in April from a revised net buying of 3 tons in March, the World Gold Council (WGC) said, signalling continuing strong appetite ...
    06/4/2024 - 8:29 pm | View Link
  • Central banks turn cautious on China's yuan, keen on dollars and gold
    More global reserve managers plan to increase exposure to the now high-yielding U.S. dollar as their interest in China's yuan has soured due to low returns and geopolitical tensions, the Official ...
    06/3/2024 - 11:20 am | View Link
  • Is Gold a Good Investment Right Now?
    U.S. News' panel of financial advisors weighs in on gold as an investment after its recent rally to record highs.
    06/3/2024 - 8:51 am | View Link
  • UBS boosts gold prices forecast for 2024. Here's the new target
    Second, UBS has increased its central bank demand forecast for 2024 to 950–1,000 ... are expected to support gold as a hedge. UBS recommends buying gold on dips around $2,300 per ounce or below, ...
    05/24/2024 - 12:04 am | View Link
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