Bullion back in favour with central banks

Kazakhstan increased gold reserves for the 28th consecutive month, while Ukraine added to holdings for the first time since August, the International Monetary Fund (IMF) said. |||
Phoebe Sedgman MelbourneKAZAKHSTAN increased gold reserves for the 28th consecutive month, while Ukraine added to holdings for the first time since August, the International Monetary Fund (IMF) said yesterday. Russia trimmed assets for the first time since March. Kazakhstan boosted holdings to about 193.5 tons in January from 191.8 tons a month earlier as Ukraine’s rose to 23.9 tons from 23.6 tons, according to data on the IMF website. …read more

Source: Independent Online

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