$PAXG Price Climbed over $5,000/oz — Buyers Return as China Keeps Buying 🪙📈

$PAXG price jumped back above the $5,000 per ounce mark after some volatile session, signaling renewed buyer interest and safe‑haven demand 🟨. In Asian trading on Monday $PAXG price rose about 0.43% — a clear step toward recovery after last month’s massive decline.

China’s central bank has increased gold purchases for the 15th month, helping fuel the rebound of commodity market 🇨🇳. Moreover, according to some reports Chinese regulators urged banks to reduce US backed Treasury bonds exposure, which also pushed investors toward gold as a reliable store of value 🔒.

So far, roughly half of the losses since the January 29 peak have been recovered, and silver price is climbing too — a positive sign for precious‑metals buyers ✨. Watch gold price action closely: central banks buying and investment flows to safe‑haven may keep the uptrend going. Follow for more updates @TZ_Crypto_Insights

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