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Jan Nieuwenhuijs

analyst-claims-saudi-arabia-has-covertly-bought-160-tonnes-of-gold-since-2022

Analyst Claims Saudi Arabia Has Covertly Bought 160 Tonnes of Gold Since 2022

Jan Nieuwenhuijs, a gold market analyst, claims that Saudi Arabia has been covertly buying gold since 2022, trying to get its hands on physical gold due to its neutral and sanction-proof traits. According to his figures, 160 tonnes have been acquired without disclosure, likely to avoid upsetting the U.S. government for these actions. Analyst Alleges […]

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analyst:-bank-of-thailand-boosts-gold-reserves-to-push-de-dollarized-trading-system-fueled-by-cbdc

Analyst: Bank of Thailand Boosts Gold Reserves to Push De-Dollarized Trading System Fueled by CBDC

The Bank of Thailand might be increasing its gold reserves to power a de-dollarized trading system, according to Jan Nieuwenhuijs, a gold market analyst. Nieuwenhuijs states that the Bank of Thailand’s constant gold purchases might indicate the nation is preparing to address the possible trade imbalances derived from using Mbridge, a CBDC cross-border settlement project.

Analyst: Bank of Thailand Boosts Gold Reserves to Push De-Dollarized Trading System Fueled by CBDC Read More »

china-keeps-stockpiling-gold,-adds-18-tons-in-march-to-reach-2,068-tons-in-national-reserve

China Keeps Stockpiling Gold, Adds 18 Tons in March to Reach 2,068 Tons in National Reserve

The People’s Bank of China (PBOC) reported an increase in the country’s gold reserves of 18 tons in March, continuing its buying spree. China has consistently added to its gold reserves since November, purchasing more than 100 tons in the last five months. The Asian state now has 2,068 tons in its coffers. China Purchased

China Keeps Stockpiling Gold, Adds 18 Tons in March to Reach 2,068 Tons in National Reserve Read More »