LONDON, 15 June 2011 - Analysis of central-bank holdings by BullionVault features today in a blog post from the Financial Times' award-winning Alphaville team.
"BullionVault's head of research Adrian Ash has spotted an interesting trend among Eurozone central banks this year," says FT Alphaville.
"Rather than selling gold, they've been buying it instead."
Quoting Adrian's research - published at Forbes online and across the top gold-investment websites - Alphaville notes "Contrary to apparent 'rumor', Eurozone central banks are buying gold, not selling it. Only by ?6 million mind, and all of it in coin so far in 2011. But even excluding Estonia's Euro-accession purchase, the net rise still stands in sharp contrast to the 1,937 tonnes sold by those same 17 central banks over the previous 12 years."
You can read the full report at FT Alphaville here...
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