Gold (GC=F) futures opened at $3,781.20 per ounce on Tuesday, up 1.1$3,740.70. The opening price marks a new high for the precious metal. Gold moved into record high prices after Bloomberg reported that China is moving to become a custodian of foreign sovereign gold reserves. The People’s Bank of China has reportedly pitched central banks on storing the yellow metal on their behalf, inside China. The People’s Bank of China has increased its own gold reserves for 10 consecutive mon ...