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Ons Of Gold News Today : Breaking News, Live Updates & Top Stories | Vimarsana

China is pushing ahead with dedollarization, hoarding gold for a 10th straight month after slashing Treasury holdings to a 14-year low

China's gold stockpiling comes amid the country's bid to erode the dollar's global dominance, as well as growing economic uncertainty within the Asian state.

Lombard skylar montgomeryPeople bankWorld gold councilSkylar montgomeryBank of chinaGold holdingsWorld gold councilOns of goldStraight increase

China continues to de-dollarize reserves as gold stockpile climbs for 8th straight month

The People's Bank of China added 23 tons of gold in June, extending efforts to limit the dollar's dominance as a global reserve.

Financial institutions forumWorld gold councilInternational monetary fundPeople bankOfficial monetaryGlobal reservesCentral bankEighth consecutiveOns of goldWorld gold councilBank of chinaGlobal dominanceReserve asset

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