China Gold reserves

Beijing whispers push gold to $700By Ambrose Evans-Pritchard (Filed: 10/05/2006)Gold has surged to $700 an ounce for the first time in 26 years after Chinese economists suggested the country should quadruple its bullion reserves to protect against a falling dollar.Speculators have been alert to any sign that Beijing may be planning to switch a portion of its massive $875bn reserves into gold, a

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