Analyst: Bank of Thailand boosts gold reserves to push for dollar-denominated trading system managed by CBCC.
Jan Nieuwenhuizen, a gold market analyst at the Bank of Thailand, said it may be increasing its gold reserves to support a non-dollar-based trading system. Nieuwenhuijs noted that the Bank of Thailand's continued gold purchases may indicate that the country is preparing to address a potential trade imbalance through CBCC's cross-border project, Embridge. […]
