07-10-2019 18:13 via feedproxy.google.com

China has bought more than 100 tons of gold as a buffer against Trump's trade war

China's central bank has plowed funds into gold over the last 10 months, adding over 100 tons of the precious metal to its reserves. 
China's gold reserves rose by 5.9 tons in September, bringing the total added since December 2018 to over 100 tons, Bloomberg reported, citing the People's Bank of China.
Traders drove the price of gold to its highest level since 2013 last month as they sought out havens in the face of geopolitical uncertainty. 
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