Ok, so central banks may not be buying gold chains and jewellery by the truckload, but recent data shows that the yellow metal has lost none of its allure among those who are in charge of managing a country’s currency/foreign exchange reserves. 306 more words
Tags » Gold Reserves
. . . but what of China?
Central Banks Buy The Second Most Gold In 50 Years: A Look At Who’s Buying
- The German central bank or Bundesbank said Monday that it stepped up the repatriation of its gold reserves from overseas storage last year.
- “The Bundesbank successfully continued and further stepped up its transfers of gold,” the central bank said in a statement. 57 more words