The most active gold contract for December 2020 delivery was up 0.36 yuan (5 US cents) to close at 400.32 yuan a gram.
The move is also expected to offset the influence of the US government's restrictions over the use of Google's Android operating system in smartphones and other hardware.
The move came three months after Trump withdrew from the Iranian nuclear deal.
The nation will continue to be a major driver in the global silver market for years to come, fueled by continued industrial demand, the institute predicted.
The most important element of consumption stimulation is to retain job security, especially the task of helping low-income earners find and keep jobs. This will ensure not only their incomes, but also the willingness to consume, because low-income earners are likely to spend 80 percent of additional income, said Li Hongbin, a senior fellow at the Stanford Institute for Economic Policy Research.
The more goods users give away, the more points, called Small Red Flower points, they earn, which they can then exchange for goods other members are giving away.
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The move can "help commercial banks improve their capability in guarding against liquidity risks, serve the real economy, and maintain safe, stable operation of the banking system," the commission said in a statement.
The most recent US Treasury semi-annual report issued last October said China met only one of the three criteria for measuring a currency manipulator.
The multinational financial services provider announced the above moves at the Visa Asia-Pacific Security Summit 2019, which began in Shanghai on Wednesday.
The money was collected from the Chinese and British business communities in the UK by the charity, which was jointly established in December 2018 by the China Chamber of Commerce in the UK and The Lord Mayor's Appeal.