Debunking Reuters’ Story “PBoC Blocked 300-500t Gold Import In 2019”

From analyzing SGE premiums, the gold price and cultural trends, my conclusion is that the PBoC did not block 300-500 tonnes of gold from being imported in 2019, as was reported by Reuters.

Debunking Reuters’ Story “PBoC Blocked 300-500t Gold Import In 2019”