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Because their central banks are concerned about stability of international currencies [1]. A central bank is in a good position to use gold, whereas most indivi
by brobdingnagians 5y ago
Because their central banks are concerned about stability of international currencies [1]. A central bank is in a good position to use gold, whereas most individuals aren't.
[1] https://www.marketwatch.com/story/why-russian-and-chinese-central-banks-will-keep-buying-gold-2019-09-13 https://www.marketwatch.com/story/why-russian-and-chinese-ce...