06.09.2012 - Central Banks "to buy 493 tonnes of gold bullion in 2012" |
The world's central banks will add more Gold Bullion to their reserves over the course of 2012 than at any time since the Bretton Woods fixed exchange rate era, a leading precious metals consultancy forecast this week. Net purchases of gold by central bank will total 493 tonnes for the year as a whole, up from 457 tonnes in 2011, according to Thomson Reuters GFMS, which published its 'Gold Survey 2012 – Update 1' on Tuesday.............................................Full Article: Source |