China thought to be stockpiling gold to cut greenback dependence

Buying of metal is at its fastest pace since the 1960s

China thought to be stockpiling gold to cut greenback dependence

Buying of metal is at its fastest pace since the 1960s

TOKYO -- Central banks are snapping up gold this year, but it is uncertain which ones are behind most of that shopping spree, fueling speculation that China is a big player.

Seeing how Russia has been hit by monetary sanctions by the West…