China Bolsters Gold Reserves, Signals Shift Away from USD Assets

China’s central bank has continued its strategic push to increase gold reserves for the eleventh consecutive month, according to a recent report by PANews. This ongoing upward trend suggests a potential shift away from reliance on US dollars as China seeks to diversify its financial portfolio. Analysts suggest this move is driven by a desire to minimize exposure to USD debt and respond to changing global economic conditions, potentially influencing perceptions of reserve currency reliability.