China is the world's largest producer of the precious metal, but of late its central bank has been buying up large quantities. So what is it doing with it?
It tends to go up in value during chaotic times as people use it to insulate their savings from the economy when they are expecting regular currencies or economies to crash.
It tends to go up in value during chaotic times as people use it to insulate their savings from the economy when they are expecting regular currencies or economies to crash.