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Central Banks may continue with Gold purchase; demand remain firm: Barclays

Posted on 22 April 2013

Central banks around the globe are expected to continue with gold purchase and activity thus far this year has been firmly on the demand side, stated London based Barclays in its recent market analysis.
Reported data to February show net buying of 29.7 tons so far, with limited appetite to sell. The bank expects net central bank buying to reach 300 tons in 2013 and a similar magnitude for 2014………………………………………..Full Article: Source


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