Friday, May 25, 2012

Central Banks Boost Gold Holdings

Author: Lawrence WilliamsPosted:  Friday , 25 May 2012
The latest official Central Bank gold holding figures from the IMF confirm that Central Banks around the world are continuing to buy gold - some in pretty large quantities which should be yet another stabilising factor for the gold price - and if the trend continues suggests that the CBs will buy even more this year than last - and that's only the ones which let the world know exactly what their gold reserves are!   LINK...

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