
China is charting a course for a major increase in domestic gold output over the next five years, while also advancing a new round of mineral-exploration breakthroughs, to bolster self-sufficiency amid a global shift away from the US dollar and heightened geopolitical tensions that underscore gold’s role as a financial haven.
The proposal, outlined by the China Gold Association, aims to upgrade mining and smelting technologies during the country’s 15th five-year plan period (2026-2030) while…
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China eyes gold production surge amid de-dollarisation drive, aiming to hedge global risks
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