As Gold Keeps Setting New Highs, China Reportedly Wants to be Its Custodian for Central Banks

As the price of gold continues to reach unprecedented levels, setting new highs on a regular basis, reports have emerged suggesting that China is positioning itself to become the primary custodian of this precious metal for central banks around the world. This strategic move could potentially enhance China's influence in the global financial landscape, allowing it to play a pivotal role in the management and storage of gold reserves, which are often seen as a safe haven asset amidst economic uncertainty. source: https://www.coindesk.com/markets/2025/09/27/as-gold-keeps-setting-new-highs-china-reportedly-wants-to-be-its-custodian-for-central-banks