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Scott Bessent Predicted a Potentially Gold-Backed Renminbi in 2023: Now, China Has Quietly Acquired ‘Far More Gold’ Than Reported

BenzingaAug 24, 2026, 8:18 AMRishabh Mishra

As gold tops $4,700, China is acquiring 'far more gold' than reported, fulfilling Scott Bessent's 2023 gold-backed Renminbi prediction.

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benzinga
Observed
Aug 24, 2026, 8:18 AM
Checked
Aug 24, 2026, 1:28 PM
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Captured once, then retained as an archive reference
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fresh

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