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[–]weavilsatemyface 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

What currency did they use to pay for it?

[–]yaiyen[S] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

My bet dollar, china have being trying to get rid of dollars

[–]yaiyen[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

BRICS member China is on a gold buying spree as it added 225 tonnes of gold to its reserves in 2023 alone, the latest data shows. China stockpiled 225 tonnes of gold worth a staggering $13.2 billion last year. The Communist country has been steadily accumulating gold since 2022 purchasing millions worth of the precious metal every month. In December last month, BRICS member China accumulated 9 tonnes of gold worth $532 million.

[–]yaiyen[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Not surprising but why it took them so long to start buy gold at higher rate when USA was sanctioning them left and right for years