Only gold is Real money, all the rest is just promises.
As it became known recently, in March of this year, China's gold reserves increased by +11 tons and now stands at 1,885 tons. The government agency for currency control of the PRC announced this.
Prices of safe-haven gold failed to sustain early-session gains on Tuesday, after initially rising following news that the U.S. will end Iran sanctions waivers.
Gold prices fell on Thursday in Asia as upbeat Chinese economic data pointed to an improved growth outlook and put pressure on the safe-haven metal.