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Tether buying more gold than China

Posted by ipso facto @ 19:58 on July 20, 2026  

Lukas Ekwueme
@ekwufinance
A new structural buyer has emerged in the gold market.

Since 2024:

– Tether: 73.6t
– China: 49t

Tether has purchased more gold than China and now holds more gold than Australia, the world’s third-largest gold producer.

We’ve never had a gold bull market with a structural bid like this.

chart

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.