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As Gold Hits Record Highs, China Aims to Become Central Banks’ Custodian

As Gold Hits Record Highs, China Aims to Become Central Banks’ Custodian

Author:
Coindesk
Published:
2025-09-27 15:48:54
10
3

As Gold Keeps Setting New Highs, China Reportedly Wants to be Its Custodian for Central Banks

Gold's relentless rally continues shattering records—and China wants to control the vault keys.

The Custodian Gambit

Beijing positions itself as the go-to guardian for central bank gold reserves while prices break unprecedented barriers. No official numbers disclosed, but the strategic move signals deeper geopolitical maneuvering in traditional safe-haven assets.

Central banks worldwide face a stark choice: trust China's custody framework or navigate alternative storage solutions. The timing couldn't be more provocative—gold's surge mirrors institutional unease with fiat currencies.

Because nothing says financial stability like concentrating the world's gold reserves under one government's control—what could possibly go wrong?

|Square

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