China hasn’t banned gold. It has restricted leveraged paper gold trading for retail investors through some of its biggest banks.
At the same time:
1. Physical gold buying remains open.
2. Some gold accumulation products have become cheaper.
3. China’s central bank continues to add to its gold reserves.
That’s why it’s important to look beyond the headlines.
The bigger story isn’t that China is moving away from gold.
It’s that China is discouraging short-term speculation while continuing to treat physical gold as a long-term strategic asset.
Author: Saikat Bhattacharya
