
China's Gold Push Turns Hong Kong into Global Bullion Hub
PBOC stockpiles gold, launches clearing trial, and vies with Singapore as Beijing backs Hong Kong's yuan and bullion ambitions.
Aug 7, 20260 views

PBOC stockpiles gold, launches clearing trial, and vies with Singapore as Beijing backs Hong Kong's yuan and bullion ambitions.

Geopolitical risks and monetary policy uncertainty keep gold prices volatile, with MCX gold hitting ₹1.41 lakh.