By Myra P. Saefong
MarketWatch, New York
Tuesday, September 23, 2025
China reportedly has plans to invite some countries to buy physical gold and store it within its borders, in the country's latest move to expand its reach into the international market for the precious metal.
When it comes to gold, China is the world's biggest miner, a net importer, a large central-bank buyer, and a key consumer nation -- but it "lacks any kind of bullion banking market, and trading through the Shanghai Gold Exchange remains very much domestic," said Adrian Ash, director of research at BullionVault. China's central bank, he noted, is "keen to change all this."
... Dispatch continues below ...
... ADVERTISEMENT ...
Buy metals at GoldMoney and enjoy international storage
GoldMoney was established in 2001 by James and Geoff Turk and is safeguarding more than $1.7 billion in metals and currencies. Buy gold, silver, platinum, and palladium from GoldMoney over the Internet and store them in vaults in Canada, Hong Kong, Singapore, Switzerland, and the United Kingdom, taking advantage of GoldMoney's low storage rates, among the most competitive in the industry. GoldMoney also offers delivery of 100-gram and 1-kilogram gold bars and 1-kilogram silver bars.
To learn more, please visit:
http://www.goldmoney.com/?gmrefcode=gata [1]
The People’s Bank of China plans to become a custodian of foreign sovereign gold reserves by using the Shanghai Gold Exchange to court central banks in "friendly" countries to buy bullion and store it within the nation's borders, Bloomberg reported Tuesday, citing people familiar with the matter. MarketWatch sent an after-hours request by email Tuesday for comment on the report to the gold exchange in Shanghai. ...
Foreign investors also would first have to get past their misgivings about storing their gold outside of their own nations' borders, particularly when it comes to communist China.
Foreign investors and governments considering where to hold a portion of their bullion will "need to trust the rule of law and respect for property rights in the way that London and New York have always enjoyed," Ash said. "That looks like a big ask starting from where the communist state stands today." ...
... For the remainder of the analysis:
* * *
Join GATA here:
New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
Sunday-Wednesday, November 2-5, 2025
https://neworleansconference.com/gata/ [3]
* * *
Support GATA by purchasing
Stuart Englert's "Rigged"
"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon:
https://tinyurl.com/3xt6uw66 [4]
* * *
Help keep GATA going:
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
To contribute to GATA, please visit:
http://www.gata.org/node/16 [6]
Donations of $250 will entitle the donor to a 1-ounce silver round commemorating GATA's work:
https://www.gata.org/sites/default/files/GATA-silver-round-front.png [7]
