03.12.2009 - China's appetite for gold heavily in focus as safe-haven appeal overrides investor caution
From Mineweb.com: Gold's successive run-ups to record highs are underpinned by hopes for central banks to further diversify reserves, particularly China's, a topic set to dominate a two-day industry gathering in Shanghai from Thursday. News that the central bank of India bought 200 tonnes of gold from the International Monetary Fund, about half of what was on offer, reinforced views that gold has established its status as an investment asset, as well as an alternative currency................................Full Article: Source
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