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

Russia reduces gold holdings for first time in a year

Posted on 29 October 2013

Russia reduced gold reserves for the first time in a year in September as Mexico cut holdings for a 17th straight month, according to the International Monetary Fund. Kazakhstan expanded assets for a 12th month.
Reserves in Russia declined about 0.37 metric ton to 1,015.1 tons, data on the IMF’s website showed. Kazakhstan’s holdings expanded 2.52 tons to 137.04 tons, the data showed………………………………………..Full Article: Source


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