“The U.S. has been keeping the price of gold artificially low via paper contracts to prevent the further devaluation of the dollar. But this has made it easier for Russia and China to buy up and increase their already massive reserves.”

https://www.zerohedge.com/news/2018-06-25/russia-and-china-are-stockpiling-gold

Sorry for the large print. That’s how it copied and I did not mean to  highlight it.