Analysis-How much gold will be enough to diversify China's reserves?

LONDON/BEIJING (Reuters) -Aggressive gold-buying by China's central bank since 2023 has raised the question of how far Beijing will boost its reserves as it tries to reduce its reliance on the dollar and align its holdings with its status as the world's second largest economy. China's purchases coincide with a rally from 2023 to 2025 that has driven gold prices to a record high of $3,508.5 per troy ounce on Tuesday. Russia's central bank was left able only to access investments in yuan-denominated assets and gold stored domestically.