China’s central bank, the People’s Bank of China (PBOC), has paused its gold accumulation for the second consecutive month, keeping its reserves steady at 72.8 million troy ounces. This pause ends an 18-month streak of continuous gold purchases that began in November 2022 and contributed to record-high gold prices. PBOC Pauses Gold Accumulation After 18-Month […]
Source link
Arrival of The Machines, The Race of the Superapps, and More – Week In Review
Financial and crypto markets are flashing crosscurrents. JPMorgan CEO Jamie Dimon warns of 2008-style overconfidence and rising credit risks, including...
