⛏️ China's gold-buying spree

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Good Reads

Conflict in Middle East Could Bring ‘Dual Shock’ to Global Commodity Markets
Under the Bank’s baseline forecast, oil prices are expected to average $90 a barrel in the current quarter before declining to an average of $81 a barrel next year as global economic growth slows, unless... Read on »

China is leading a 'voracious' gold-buying spree as central banks try to shrink dollar reserves
This comes as part of a broad effort this year of countries trying to diversify reserves away from the dollar, as well as attempts by some nations to de-dollarize trade relationships by conducting transactions in local currencies. Read on »

Gold Nears $2,000 Amid Global Tensions
For decades, gold has remained the best-performing asset class, providing double-digit returns for investors. True to form, gold demand this quarter remains above the long-term average. Read on »

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