China’s Foreign-Exchange Reserves Continue Moderate Gains

The video discusses China's financial stability, highlighting the increase in FX reserves by $8.6 billion in March, attributed to valuation effects and a flexible yuan. Despite weaker growth, the reserves remain stable. Additionally, China has been increasing its gold reserves for four consecutive months, adding 11.2 tons in March. This positions China as a major gold buyer, second only to Russia, and contributes to optimism about central banks' gold holdings. Goldman Sachs predicts a rise in gold prices to $1450 an ounce within a year.

What factors are contributing to the stability of China's FX reserves?

What does the PBOC attribute the stability of FX reserves to?

How much gold did the PBOC add to their reserves in March?

How is China's position in the global gold market expected to change by the end of 2019?

What is the expected trend for gold prices according to Goldman Sachs?