Heard the rumour China is buying 6,000 tonnes of gold? It may not be as crazy as it sounds
Hedge fund gurus George Soros and John Paulson and central banks around the world are jumping back into the bullion market.
At MarketWatch, Myra P. Saefong, speaks to Kevin Kerr, president of Kerr Trading International, Brien Lundin, editor of Gold Newsletter and Mark O’Byrne, executive director at GoldCore about "unconfirmed speculation" that China – the world's number one producer and second-placed consumer (at the moment) – is gearing up to buy up to at least 5,000 to 6,000 tonnes starting before the end of the year.