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Gold Rally Helps China Build a World Less Dependent on Trump and the US Dollar

Michael Johnson by Michael Johnson
October 9, 2025
in Business & Economy
Reading Time: 1 min read
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A torrid rally in gold helps China move one step closer to its goal of building a world less dependent on U.S.-centered financial markets.

Beijing has already been accumulating reserves for a decade, constituting a stock of bullion that is probably the sixth largest in the world. Today, the dizzying rise of the metal reinforces his campaign. On Wednesday, gold surpassed $4,000 an ounce for the first time — thanks in part to President Donald Trump’s erratic policies at home and abroad.

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Tags: buildChinaDependentDollargoldhelpsrallyTrumpworld
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