Global Central Banks purchases
most gold since 1964
According
to data released by World Gold Council, the central banks added 534.6 tonnes of
gold to reserves in 2012, the most since 1964.
It
is also expected that more than 250 tonnes will be bought again in 2013 and
2014.
The
WGC also says that central banks are increasing purchases of gold, yen and
china’s currency to reduce their dollar and euro holding as a percentage of
total reserv...
