MrGoldInvestor's Gold on Record High as India May Buy more gold from IMF

would make the countrys stockpile the worlds eighth-largest, overtaking the Netherlands and Russia, according to figures from the producer- funded World Gold Council. Actions from central banks are very important at the moment, said Eugen Weinberg, an analyst at Commerzbank AG. The purchase from India was like a seal of prices above $1000 an ounce. Also, other central banks are buying gold. The central banks of Russia and Sri Lanka have acquired gold, prompting analysts at Bank of ...
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