After taking a six-month break from an 18-month gold-buying spree, the People’s Bank of China (PBOC) resumed its policy of large gold purchases in November. On Oct. 31, gold reached a record price of $2,790.15 an ounce. Although it fell 5 percent last month, it remains about 28 percent higher for the year.

https://www.zerohedge.com/precious-metals/are-chinas-big-gold-purchases-protection-against-dollar-or-attack-it