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Strategies & Market Trends : World Outlook -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (48671)	11/2/2025 9:23:03 AM
From: Les H	Read Replies (2) \| Respond to of 48749

China is draining London’s gold market, pressuring the dollar system. The world’s real currency war has begun. Macroeconomic strategist Luke Gromen warns China is using the dollar’s weak spot — the unallocated London gold market — to shift global power. Central banks bought record gold in 2024–25. The U.S. holds 8,133 tonnes. China officially 2,298 but likely 10,000–15,000 tonnes. Gromen says gold must reprice near $12,000 an ounce to restore trust as trade in yuan and gold quietly replaces the .. Read more at: economictimes.indiatimes.com