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المشهد العربي
Bank of China Raises Gold Reserves
China's gold reserves increased by 740,000 ounces in September, despite gold prices declining by over 6% during the month. These purchases are part of a long-term strategy to strengthen and diversify sovereign reserves, even amid inflationary pressures and rising global interest rates. This reflects China's approach to safeguarding its economic outputs and managing geopolitical risks.
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