| Data released Tuesday from the International Monetary Fund show that the central banks of Russia, Ukraine and Kazakhstan boosted their gold reserves in May, but this news failed to rally gold prices, said HSBC Holdings plc (HSBC), a British multinational bank, in a commodities research note.
According to the IMF data, Russia’s gold reserves advanced by 15.5 tons to 911.3 tons in May this year and Turkey’s yellow metal holdings raised by 5.692 tons to 244.986 tons..............................................Full Article: Source |