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

Central banks amass more Gold reserves in past few months

Posted on 02 April 2013

Central banks have increased their gold holdings in their vaults over the past few months taking advantage of the lower prices, according to GoldCoin.net, a leading Gold coin superstore of USA.
South Korea (20 metric tons) and Russia (19.2 metric tons) are the leading buyers in 2013, while Kazakhstan (6.6 metric tons), Indonesia (1.9 metric tons), Bosnia (1 metric ton) and Herzegovina (1 metric ton) also made substantial increases in their gold holdings. The eastern European nation of Azerbaijan has bought 2 metric tons so far in 2013 after holding no gold for over a decade………………………………………..Full Article: Source


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