China’s Central Bank Buys the Most Gold Since October 2023. Do you think this has anything to do with what’s happening in the bond market?

“Not since October 2023, when holdings climbed by 740,000 ounces, has China logged a larger monthly gain. August also topped the 640,000 ounces booked in July, part of an acceleration that began after a modest 160,000 ounce addition in March. The bank added 480,000 ounces in June.”

https://thedeepdive.ca/chinas-central-bank-buys-the-most-gold-since-october-2023/