"China's gold reserves should account for 3% of total FX reserves in five years, the chairman of the Gold Association. At $900/oz, China holding 3% of its reserves in gold would mean it would need 3100t of gold (assuming China's reserves total $3 tln in five years' time; they are current around $2 trln). China currently holds 1040t of gold. "
then look to start buying Gold there's definately alot of demand coming over the next few years - as we have mentioned before here... so accumulate on any weakness.
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