Foreign media: The surge in gold prices is helping China achieve its goal of reducing dependence on the U.S. financial system.
China has been accumulating gold reserves over the past decade, and its gold reserves may currently rank sixth in the world. The price of gold first broke through $4,000 per ounce on October 8, 2025, partly due to Trump's unstable policies.
This significant rise in gold prices provides strong support for China's financial strategy, giving it more say in the international financial arena and further weakening the dominance of the U.S. dollar.
Original source: www.toutiao.com/article/1845518052651148/
Disclaimer: This article represents the views of the author(s) only.