Russia and Kazakhstan Continue to Expand Gold Reserves
Bloomberg reported that Russia and Kazakhstan increased their holdings in gold reserves for the sixth straight month in a row.
Bloomberg reported that Russia and Kazakhstan increased their holdings in gold reserves for the sixth straight month in a row.
Russia has nearly doubled its gold reserves. But why? Is Putin up to something?
Bloomberg reported that the Bank of Korea bought 16 metric tons of gold in July, increasing its gold reserves for the first time this year.
San Gold Corporation (TSX:SGR,OTCQX:SGRCF) announced updated gold reserve and resource estimates from its Manitoba-based Rice Lake project.
Reuters reported that euro zone central bank gold reserves dropped last week, falling to 432.702 billion euros.
Reuters reported that Kazakhstan's central bank plans to boost its gold reserves and decrease holdings in the euro.
Mineweb reported that as world leaders meet to discuss the global financial situation, central banks are buying more gold.
Bloomberg reported that Belarus's gold reserves fell for the first time in six months.
Reuters reported that Argentina increased its gold reserves despite record high gold prices last year.
Bloomberg reported that Mexico increased its gold reserves in March to 122.6 tons.
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