China gold reserves rise for eigth straight month

China’s central bank adds gold to its reserves for eighth straight month

PBOC expected to remain a constant gold buyer, driven by the desire to diversify reserves out of the US dollar

China gold reserves rise for eigth straight month

The PBOC continues to steadily increase its gold holdings

UBS AM: Central Banks See No Full US-China Decoupling

Despite ongoing disputes and geopolitical risks, nearly all central banks and reserve managers believe that the US and China will maintain an ongoing trade relationship, according to a survey by UBS Asset Management. According to a survey by UBS Asset Management involving responses from 40 central banks and reserve managers, nearly all (91 percent) think there will be an ongoing trading relationship between the US and China, despite existing ten…