The Gold Lens · Topic

Yuan

1 analysis on how Yuan is shaping the gold market.

The Lujiazui financial district in Shanghai at dawn, across the Huangpu River

China's Bid to Become the World's Gold Custodian

Beijing is no longer content to buy gold for its own vaults. It is courting other central banks to store theirs in Shanghai and Hong Kong — building the custody infrastructure of a yuan-denominated alternative to the Western gold market.

21 June 2026 · 6 min read