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Central Banks buying gold: WGC

Posted on 27 October 2011

Central banks stopped selling Gold in the past few years and began buying the precious metal, and that trend is likely to continue for some time, according to an official at the World Gold Council.
Natalie Dempster, director of government affairs for the WGC in London, said many central banks, those in Asia and other emerging markets in particular, have been rebalancing their reserve portfolios and will continue to do so. Dempster spoke at the Argyle Executive Forum’s 2011 Investment Leadership Forum here, sponsored by the WGC………………………………………..Full Article: Source


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