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Commodities Briefing - Categorized | Bullion/Gold, Investment, Market Moves more

China should significantly boost gold in reserves

Posted on 27 October 2010

From Reuters: China should significantly boost the amount of gold held in state reserves, a newspaper run by China’s Ministry of Commerce said on Wednesday, citing a local researcher.
Meng Qingfa, a researcher with China Chamber of International Commerce, was quoted by the International Business Daily as saying that China should eventually boost its gold reserves to a level equal to that held by the United States……………………………………….Full Article: Source


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